Robinhood limits prediction market contracts over insider trading concerns
Robinhood has restricted some prediction market contracts in the United States, with its UK president Jordan Sinclair saying the platform excludes categories it considers unsuitable for customers. Sinclair said Robinhood avoids mention markets because of the risk of insider advantage and prefers regulated venues such as Kalshi and ForecastEx.
The restrictions show how insider-trading risks are shaping which event contracts a major platform offers.