ForecastEx, LLC, a wholly-owned subsidiary of Interactive Brokers Group, announced the approval of Robinhood Derivatives, LLC as a new Clearing Member. This development allows Robinhood customers to access and trade Forecast Contracts.
Forecast Contracts enable clients to hedge against or express conviction on the outcome of key political, economic, and climate events. This expansion broadens the accessibility of ForecastEx's offerings to a wider investor base.
Interactive Brokers LLC is also an approved ForecastEx Member, offering these contracts to its customers. The addition of Robinhood Derivatives is expected to increase participation and liquidity in the prediction markets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.