Interactive Brokers and Robinhood are expanding their prediction markets business, with Interactive Brokers specifically entering the European market.
3 reports, 2 independent
Updated Aug 20
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 3
- Developments
- 3
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Interactive Brokers and Robinhood are expanding their prediction markets business, with Interactive Brokers specifically entering the European market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Interactive Brokers is shifting its business model to focus on fewer, higher-net-worth clients.Sub-event
- Robinhood and Interactive Brokers are rolling out new products like Legend and options trading in the U.K. to bolster market share.Sub-event
Interactive Brokers expanded prediction markets into Europe alongside Robinhood's expansion efforts.1 source
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The entities involved
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Robinhood
American financial services company
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Interactive Brokers
American multinational brokerage firm
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Europe
terrestrial continent located in north-western Eurasia
Related events
- Robinhood is aggressively expanding its operations into Europe and Singapore, leveraging regulatory approvals to enter IPO underwriting and distribute shares of companies like SpaceX.
- Robinhood Markets stock is trading on Nasdaq, and Morgan Stanley upgraded the stock to Overweight, amidst strong growth and revenue surpassing crypto revenue.
- Robinhood began allowing customers to trade Apple Inc. stocks on July 4, 2025.
- Robinhood announced plans on August 13, 2025, to broaden its crypto offerings.
- Robinhood is integrating cryptocurrency trading into its core business model, leveraging prediction markets for revenue, and pushing for a clearer regulatory framework.
Coverage
Newest first; wire copies grouped- ZacksHOOD Bets on Football Prediction Markets: Can it Score Long-Term Gains? Robinhood Markets HOOD has taken another step in its diversification strategy, announcing the launch of pro and college footbal
- ZacksShould You Invest in IBKR as It Continues Product Suite Expansion? Interactive Brokers Group, Inc. IBKR, which launched Forecast Contracts in August 2024 for eligible clients in the United States and
- Business WireInteractive Brokers Expands Forecast Contracts to European Market Growing Investor Demand for Predictive Risk Management Tools Drives Global Expansion GREENWICH, Conn., July 30, 2025--(BUSINESS WIRE)