Popular trading platform Robinhood (HOOD) is planning to expand its prediction markets product, which allows traders to buy and sell contracts based on future outcomes, beyond the U.S. and into global markets, the company told Bloomberg.

Robinhood sees international demand growing, especially in Europe and the UK. JB Mackenzie, vice president and general manager of futures and international at the company, said users abroad have shown particular interest in this new form of trading.

“We’re definitely looking to offer it globally, and my goal or focus is to make sure it’s a regulatory-compliant product everywhere we go,” Mackenzie told Bloomberg.

To that end, Robinhood has begun discussions with overseas regulators, including the UK’s Financial Conduct Authority, to explore how a localiz

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