Robinhood has expanded its buying and selling choices with its new forecast market hub to permit customers to commerce with the outcomes of main occasions. Initially, merchants may speculate on the Federal Reserve charge selections and future college basketball tournaments, the corporate stated.
“We consider within the energy of forecast markets and consider they play an essential position on the intersection of stories, economics, politics, sports activities and tradition,” commented JB McKenzie, Robinhood’s futures and worldwide vice chairman. “We look ahead to offering our clients with new methods to take part within the forecast market and we look ahead to doing so in compliance with current rules.”
In response to the announcement, Robinhood Derivatives, LLC (RHD) has launched a hub for the standalone forecast market inside its app. This function permits customers to have interaction in event-based transactions by buying contracts associated to precise outcomes.
Beginning right now, contracts might be exchanged at boys and girls’s faculty basketball tournaments.
See it at Chip Off: https://t.co/wxpudpybjo pic.twitter.com/frf6xhr0xd
– Robinhood (@robinhoodapp) March 17, 2025
At launch, the hub will assist buying and selling on the high of the Federal Reserve goal rates of interest for Could and males’s and girls’s faculty basketball tournaments. Robinhood’s forecast market is operated by means of Kalshiex LLC, a regulated change overseen by the Commodity Futures Buying and selling Fee (CFTC).
By introducing this new buying and selling function, Robinhood now goals to supply its clients with new methods to have interaction in occasions that swimsuit their pursuits. The corporate emphasised that forecast markets function inside a regulated framework, guaranteeing transparency and liquidity.
Regulatory compliance and growth plans
The corporate stated it has been having shut discussions with the CFTC and intends to take care of compliance whereas increasing its providing. This new function is in keeping with Robinhood’s broader mission to make monetary markets extra accessible.
Robinhood’s transfer to forecast markets underscores the expansion pattern of monetary platforms integrating actual occasions into buying and selling methods.
The preliminary providing focuses on rates of interest and sports activities, however the firm expects to broaden into elections, company income and geopolitical developments. The forecast market hub is at present rolling out and reportedly might be accessible to all eligible customers throughout the US within the coming days.
Count on steady updates as this story evolves.
