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- Robinhood teams with Susquehanna to launch a futures and derivatives exchange in 2026.
- Prediction markets are Robinhood’s fastest-growing revenue stream, with over 9B contracts traded.
- Mainstream adoption of prediction markets signals a shift toward information trading.
Robinhood is making a major push into the prediction markets space by joining forces with Susquehanna International Group to launch a new futures, derivatives exchange, and clearinghouse. The move signals Robinhood’s commitment to building infrastructure for one of its fastest-growing product lines.
New Exchange to Transform Prediction Markets
The joint venture, controlled by Robinhood Markets Inc., will acquire MIAXdx, a Derivatives Clearing Organization and Swap Execution Facility from Miami International Holdings. MIAXdx is a designated contract market licensed by the Commodity Futures Trading Commission (CFTC). Under the plan, MIAX will retain a 10% stake, while Susquehanna will serve as a day-one liquidity provider, with additional partners expected to follow.
The exchange is projected to launch in 2026, offering futures and derivative products, including prediction markets, catering to a growing audience of traders seeking alternative ways to speculate on events, sports, and macroeconomic indicators.
Prediction Markets Fuel Robinhood Growth
Robinhood’s prediction markets have rapidly become its fastest-growing revenue stream. To date, over 1 million customers have traded more than 9 billion contracts. JB Mackenzie, Robinhood’s VP and general manager of futures and international, emphasized that customer demand continues to drive innovation: “Our investment in infrastructure will position us to deliver an even better experience and more innovative products for customers.”
Earlier this year, Robinhood partnered with Kalshi to create a prediction-markets hub within its app, covering U.S. politics, sports, and economic indicators. The platform has since expanded into sports markets, including the NFL and NCAA football.
Mainstream Acceptance of Prediction Markets
Analysts note that prediction markets are evolving beyond simple event betting, becoming mainstream platforms for information trading. Surging trading volumes on platforms like Robinhood and Kalshi highlight increasing user adoption. Kalshi, a U.S.-regulated competitor, recently surpassed rival Polymarket in monthly trading volume, reporting $4.4 billion in October compared with Polymarket’s $3.02 billion.
Also Read: Arbitrum Gains Momentum as Robinhood Expands to L2
This partnership between Robinhood and Susquehanna underscores the growing sophistication of prediction markets, signaling a new era for derivatives trading accessible to retail investors.
With its new joint venture, Robinhood is positioning itself as a leader in the prediction markets sector. By combining regulatory compliance, liquidity partnerships, and innovative products, the company aims to provide retail investors with expanded access to futures and derivatives trading, while setting new standards in the rapidly growing market.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
