We're talking capital F finance. Motley Full Money starts now.

I'm Dylan Lewis and I'm joined over the airwaves by Motley Fool analyst

Osset Sharma. Osset, thanks for joining me.

Dylan, thank you for having me. You know I usually default to finance but I feel like

when we get into some more high-minded

ideas finance a bit more appropriate. I'm always up for that. We're going to get a

little wonky on today's show some interesting stories in the world of finance and in investing.

We'll start off talking a little bit about the presidential election.

It is next week, but this week Robin Hood announced that some U.S. users on the platform will be able to trade US presidential election contracts.

We will be sure to steer clear of some of the politics here, Osset, but let's talk a little bit about these election contracts.

These are event derivatives, which I imagine some of our listeners might know about,

but a lot of them probably have never heard of before.

Yeah, Dylan. Well, event derivatives are interesting.

These are contracts between two parties that essentially to me are sort of like a wager on an outcome of an event.

So you can place event derivative contracts really on anything. If you or I have

something that we want to place money one side versus the other, we could use a contract

to do that. Now, you just street language, we could gamble on that.

We could bet on that, right?

This is sort of a more sophisticated way

to do the same as you said, and it follows a lot of evolution in the derivatives market.

So people who use futures contracts, options contracts, are already in the business of

wagering on outcomes. A lot of times we're crunching

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