Robinhood (HOOD) Introduces 2024 US Presidential Election Contracts

Oct 28, 2024

Robinhood (HOOD, Financial), the online brokerage firm, has announced the launch of election event contracts for its clients, allowing them to trade based on predictions for the 2024 US Presidential Election. This highly anticipated election will see Vice President Harris face off against former President Trump.

The company will begin rolling out these presidential election contracts to a limited number of clients, with two options: one predicting a win for Harris and the other for Trump. The official election date is set for November 5.

To participate, clients must apply and meet specific criteria, including being a US citizen, to be approved for an RHD account.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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