Did your brokerage account statement show a small credit or order you didn’t place? When reviewing trades for execution quality, Robinhood sometimes issues credits or corrects trades. Typically, Robinhood reviews trades in an effort to get the best executions for you at prices within the National Best Bid or Offer (NBBO). This review might result in credits and/or trade corrections that either improve your execution price or have a neutral effect on your brokerage account. These are reflected on your brokerage account statement after the credits are issued or the trade corrections are made.

Trade corrections are reflected in one of the following ways:

• An improved price (for example, your order to buy one share of YOWL, which was executed at $42.33, was canceled and rebooked at $42.30, giving you a better price by $0.03)

• Or a disimproved price, in which case we’ve issued you a cash credit equaling the amount of the correction in your account (for example, your order to buy one share of YOWL, which was executed at $42.33, was canceled and rebooked at $42.35, with Robinhood issuing a $0.02 cash credit to offset the disimproved price)

These credits or corrections might appear in different months than the original transactions.