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To: Julius Wong who wrote (7805)10/28/2024 7:18:46 AM
From: Julius Wong   of 8256
 
Robinhood to let customers trade based on U.S. presidential election predictions

Oct. 28, 2024 6:48 AM ET
By: Sinchita Mitra, SA News Editor

Justin Sullivan/Getty Images News

Robinhood (NASDAQ: HOOD) said it will roll out presidential election event contracts, which will let customers trade based on their prediction for who will win the 2024 U.S. presidential election.

The highly anticipated election will see Vice President Kamala Harris go against the former President Donald Trump.

The firm said its presidential election event contracts will begin rolling out to a limited number of customers on Monday.

The election is set to take place on November 5.

The firm said there will be two contracts to choose from–one for Harris and one for Trump.

HOOD added, customers have to apply and meet certain criteria to be approved for an RHD account, which include being a U.S. citizen and more.
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