
金色财经|Nov 26, 2025 02:38
[Robinhood Acquires MIAXdx, Set to Launch New Futures and Derivatives Trading Platform Next Year]
According to Golden Finance, the stock and cryptocurrency trading platform Robinhood is launching a futures and derivatives exchange and clearinghouse, deepening its investment in prediction markets. Through a partnership with Susquehanna, a new independently operated joint venture has been established, with Robinhood Markets, Inc. serving as the majority partner, providing retail demand and distribution channels. Market maker Susquehanna International Group will act as a key partner and initial liquidity provider, with plans to introduce additional liquidity providers in the future. The joint venture will accelerate its service delivery through the acquisition of MIAXdx.
MIAXdx is a designated contract market (DCM), derivatives clearing organization (DCO), and swap execution facility (SEF) licensed by the U.S. Commodity Futures Trading Commission (CFTC). It is also a wholly-owned subsidiary of Miami International Holdings, Inc. (MIAX) (NYSE: MIAX). MIAX will retain a 10% strategic equity stake in the exchange. This independent joint venture will provide futures and derivative products for futures commission merchant (FCM) platforms, including Robinhood Prediction Markets, and is expected to begin operations in 2026.
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