Upstart broker Robinhood is jumping into the prediction betting game, announcing on Monday that users can begin trading the 2024 presidential election that is eight days away.
Users can trade a Kamala Harris or Donald Trump contract starting Monday, said the company, as long as they meet certain criteria that include being a U.S. citizen. The trading is being offered through its Robinhood Derivatives unit and ForecastEx, which is operated by Interactive Brokers.
Robinhood jumps into a suddenly crowded politics prediction markets field that grew this month after platform Kalshi won a key ruling against the Commodity Futures Trading Commission, which was seeking to stop the election outcome trading.
