Robinhood limits access to some prediction-market contracts
Robinhood has chosen not to offer some prediction-market contracts, including markets on words used in public speeches and earnings calls, according to comments by its UK president Jordan Sinclair. Sinclair said the company was focused on market abuse and insider trading. Robinhood offers prediction markets only in the US, and is also in a legal dispute with Massachusetts over event-based contracts.
Robinhood’s product limits and Massachusetts dispute affect the range and regulatory treatment of its US event contracts.