The randomization of a complete first-order theory [Formula: see text] is the complete continuous theory [Formula: see text] with two sorts, a sort for random elements of models of [Formula: see text] and a sort for events in an underlying atomless probability space. We study independence relations and related ternary relations on the randomization of [Formula: see text]. We show that if [Formula: see text] has the exchange property and [Formula: see text], then [Formula: see text] has a strict independence (...) relation in the home sort, and hence is real rosy. In particular, if [Formula: see text] is o-minimal, then [Formula: see text] is real rosy. (shrink)