S&P 500 Exclusion Impacts Robinhood, Strategy, and Interactive Brokers

The inclusion of Interactive Brokers in the S&P 500 and the subsequent exclusion of companies like Robinhood and Strategy has generated significant market reactions. Following the move by S&P Dow Jones Indices, share prices for these firms fell sharply, while shares of Interactive Brokers saw an immediate positive rise. The impact on institutional asset flows is particularly notable. The decision reflects a broader shift in the financial landscape.