Robinhood joins election betting market with Harris and Trump contracts
Robinhood(HOOD) New York Post·2024-10-29 05:31
Robinhood announced on Monday it is tapping into a growing politics prediction market by allowing users to trade Kamala Harris or Donald Trump contracts on the 2024 presidential election. Users were able to start trading as long as they met certain qualifications, like being a US citizen, the investing platform said in a press release. The event contract is being offered by Robinhood Derivatives and ForecastEx. The contracts will be priced between two cents and 99 cents, earning a $1 payout if the user gues ...