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Robinhood is launching a new futures and derivatives exchange through a joint venture with Susquehanna.
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The exchange will operate MIAXdx, a licensed derivatives marketplace acquired through the deal.
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New products will include futures, derivatives, and prediction markets.
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The launch is expected in 2026 as Robinhood expands its fastest growing product line.
Joint Venture Targets a Growing Market
Robinhood is expanding deeper into prediction markets by creating a new derivatives exchange and clearinghouse through a joint venture with Susquehanna International Group. The venture will acquire MIAXdx, a CFTC licensed derivatives and swap facility, which will serve as the core of the new exchange.
Prediction Markets Drive Robinhood’s Growth
Robinhood noted that prediction markets are now its fastest growing revenue segment, with more than 9 billion contracts traded by over one million customers. This surge has encouraged the company to invest heavily in new infrastructure to support more complex markets and a wider product range.
Liquidity and Product Expansion
Under the deal, Susquehanna will provide day one liquidity, with other partners expected to join later. The new exchange will list futures, derivatives, and prediction based contracts, enabling Robinhood to operate more independently from existing third party platforms.
Launch Expected in 2026
The exchange is expected to go live in 2026. Analysts note that prediction markets are maturing into information trading venues rather than simple event betting products. The trend is reinforced by rising volumes at platforms like Kalshi, which has been outpacing Polymarket in recent months.
