Robinhood Expands Trading Offerings

Robinhood has launched a new prediction markets hub to allow users to trade on the outcomes of major events, including the Federal Reserve’s interest rate decisions and college basketball tournaments.

> “We believe in the power of prediction markets…We’re excited to offer our customers a new way to participate in this space,” said JB Mackenzie, VP & GM of Futures and International at Robinhood.

New Trading Opportunity for Robinhood Users

According to the announcement, Robinhood Derivatives, LLC (RHD) has introduced a standalone prediction markets hub within its app, enabling event-based trading by purchasing contracts tied to real-world outcomes.

> Starting today, you can now trade contracts on the men’s and women’s college basketball tournaments.
>
> See you at tip-off: https://t.co/WXpUDpYBJO
> — Robinhood (@RobinhoodApp) March 17, 2025

At launch, the hub will support trades on the Federal Reserve’s target interest rate for May and college basketball tournaments. The hub operates through KalshiEX LLC, a regulated exchange overseen by the Commodity Futures Trading Commission (CFTC).

Robinhood aims to enhance customer engagement with events that resonate with their interests while ensuring predictions markets operate within a regulated framework for transparency and liquidity.

Regulatory Compliance and Expansion Plans

The company is in discussions with the CFTC to ensure compliance while expanding its offerings. This feature aligns with Robinhood’s mission to make financial markets accessible.

The move illustrates a trend where financial platforms incorporate real-world events into trading strategies, especially as it plans to include elections, corporate earnings, and geopolitical developments in the future. The prediction markets hub is currently rolling out to eligible users in the U.S. with updates expected as the story unfolds.