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Robinhood and Susquehanna to Launch Futures and Derivatives Exchange in 2026

Robinhood and Susquehanna to Launch Futures and Derivatives Exchange in 2026

Robinhood and Susquehanna will acquire 90% of CFTC-approved MIAXdx to expand into regulated derivatives trading via a planned 2026 launch.

Fact Check
The evidence strongly supports the statement's truthfulness. The most authoritative source, an official press release from Robinhood's own newsroom, directly confirms the core of the claim: a joint venture with Susquehanna to operate a CFTC-licensed futures and derivatives exchange. This establishes the 'who' (Robinhood and Susquehanna) and the 'what' (a futures and derivatives exchange) with high certainty.Furthermore, multiple other sources, including a financial news site, a crypto analytics platform, and a fintech commentator, consistently corroborate this partnership. One of these sources, an analysis piece from a financial news site, specifically provides the timeline, referring to the initiative as 'Robinhood's 2026 bet.' This directly supports the final component of the statement.There are no contradictions across the provided sources. The combined weight of a primary, official announcement and multiple corroborating secondary sources, one of which specifies the year, makes the statement highly credible. The slight uncertainty reflected in the probability score accounts for the fact that launch dates for such ventures can be subject to change, and the specific year is mentioned in a secondary source rather than the primary press release.
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Summary

Robinhood announced a partnership with Susquehanna International Group to expand into prediction markets and regulated derivatives trading. The companies will jointly acquire 90% of MIAXdx, a CFTC-approved futures and derivatives exchange and clearinghouse. Robinhood will control and operate the venture, while Susquehanna will serve as the initial liquidity provider. The planned launch of the futures and derivatives exchange is set for 2026, building on Robinhood's rapid growth in prediction markets since its March 2025 partnership with Kalshi, which saw over 1 million users trade 9 billion contracts.

Terms & Concepts
  • Futures: Standardized contracts to buy or sell an asset at a set price on a future date.
  • Derivatives Exchange: A marketplace where financial instruments whose value is derived from underlying assets are traded.
  • Clearinghouse: An organization that facilitates trade settlement, ensuring obligations between parties are met.