Steven Quirk

Chief Brokerage Officer, Robinhood Markets

Search every verified Steven Quirk interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In recent appearances, Steve Quirk, Chief Brokerage Officer at Robinhood Markets, discussed the evolution of retail options trading and defended the role of retail investors in financial markets. During an interview at the 2026 Options Industry Conference, Quirk addressed the expansion of trading hours, stating that customers view electronic platforms like "Amazon" and question why they would ever close, noting that many liquidity providers already trade other asset classes around the clock. He also expressed that while he had reservations about single-stock daily expirations due to the expiration risk brokers bear, he acknowledged that technology has helped Robinhood avoid issues with their rollout, and he described such products as "precise instruments" for customers who want to protect positions on specific dates. In a separate interview, Quirk discussed retail investor behavior, stating he has long sought to "dispel this notion that retail buys the top and sells the bottom." He noted that Robinhood created an index tracking the top 100 stocks held by its customers, which he said outperformed broad-based indices in two of the last three years. Quirk also commented on the criticism that "80% of options expire worthless," arguing that the statistic assumes buyers of options, while he noted that sellers of options benefit from expiration. He added that while buying out-of-the-money calls can be appealing to new traders due to the risk-reward ratio, he does not consider it a viable long-term strategy if it is the sole approach.