“The Robinhood online braker has announced the launch of the market prediction. Users will be able to enter into contracts based on the results of the world’s largest events. According to Vice President Robinhood Jay Bus Mackenzie, the new functionality will “comply with the available rules”. At the start, the platform will offer contracts for the upper limit of the Fed target rate in May, as well as the results of student basketball tournaments among men and women. Mackenzie stated that the company sees in the markets of forecasts important […]”, – WRITE: Businessua.com.ua
The Robinhood online braker has announced the launch of the market prediction. Users will be able to enter into contracts based on the results of the world’s largest events.
By In the words of Vice President Robinhood Jay Bi McKenzie, the new functionality will “comply with the available rules”.
At the start, the platform will offer contracts to forecast the upper limit of the target rate Fed In May, as well as the results of student basketball tournaments among men and women.
Mackenzie stated that the company sees an important tool in the intersection of economics, politics, sports and culture in the markets.
The forecast market will first run throughout the US through regulated CFTC the Kalshiex LLC Exchange.
“In the last few weeks we have been working closely with [регулятором] And we are looking forward to continuing joint work on promoting innovations in the markets of futures, derivatives and cryptocurrencies, ”Robinhood is said in the press release.
We will remind, on March 7 broker agreed to pay a fine of $ 29.75 million to settle claims Finrarelated to violations in the field of supervision and compliance with regulatory requirements.
Earlier, CFTC invited customer data to the Coinbase Stock Exchange in the POLYMARKT Betting Platform Investigation, opened at the end of 2021.
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