• 34ºc, Sunny

Robinhood launches US presidential election derivatives deal

According to CNBC, Robinhood is entering the prediction market, announcing on Monday that users can start trading contracts just eight days before the 2024 US presidential election. Users can start trading Kamala Harris or Donald Trump contracts on Monday, as long as they meet certain conditions (including being a US citizen), the company said. The trade is available through Robinhood's derivatives division and ForecastEx.