Robinhood acquires MIAXdx and will launch a new futures and derivatives trading platform next year

Jinse Finance reported that a certain exchange, a stock and cryptocurrency trading platform, is launching a futures and derivatives exchange and clearinghouse, deepening its investment in prediction markets. Through a partnership with Susquehanna to establish a new, independently operated joint venture, the exchange will act as the controlling partner and provide retail demand and distribution channels. Market maker Susquehanna International Group will serve as a key partner and day-one liquidity provider, with additional liquidity providers to be introduced 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), and is also a wholly owned subsidiary of Miami International Holdings, Inc. (MIAX). MIAX will continue to hold 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 the exchange's prediction market, and is expected to begin operations in 2026.