Robinhood restricts prediction market contracts to block insider trading
CT
Casey Townsend
Robinhood · Apr 14, 2026
Source: DojiDoji Data Terminal
Robinhood users can no longer access certain prediction market contracts, including "mention markets" where traders bet on the appearance of specific words or phrases in public events. The brokerage has narrowed the range of available contracts to prevent insider trading and market abuse. Jordan Sinclair, president of Robinhood UK, stated that the firm is "very focused on market abuse, insider trading."
Robinhood provides access to these markets through partnerships with regulated platforms such as Kalshi and ForecastEx. Despite these restrictions, the company expects the segment to generate hundreds of millions of dollars annually.
Robinhood
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