Cboe Global Markets needs to maintain it easy with their foray into the prediction market — however is it as straightforward as they suppose? The Chicago-based venue for choices buying and selling confirmed that it was in early talks with brokerages and market makers, in line with a Feb. 2 report within the Wall Street…
Prediction markets set one more all-time high this week, they usually did it with no single NFL sport on the schedule. Total notional quantity throughout main platforms hit $6.32 billion for the week ending Feb. 1, up 2.2% from the prior week’s file regardless of this being the Super Bowl bye week. The proven fact that prediction…
For a lot of 2025, Kalshi’s rise as the primary scaled, regulated U.S. prediction market platform was intently tied to Robinhood. When the retail brokerage launched occasion contracts inside its app in March of 2025, routing trades to Kalshi as a Futures Commission Merchant (FCM), Kalshi’s buying and selling volumes surged. That relationship may now…
A brand new derivatives change affiliated with sports-focused platform Novig has entered the federal regulatory pipeline. Ludlow Exchange, LLC not too long ago appeared within the Commodity Futures Trading Commission’s (CFTC) trade filings portal as a pending Designated Contract Market (DCM) applicant, in accordance with the company’s public listings. The submitting is notable as a…
Prediction markets notched one other all-time high week, with complete notional quantity throughout main platforms reaching $6.18 billion, up 3.1% from the prior week’s file. Kalshi led the way in which once more with $2.26 billion in quantity (+4.9% WoW), extending its streak to 15 consecutive weeks of outperforming Polymarket on notional quantity. Top-line numbers…
CME Group and Kalshi have self-certified a recent batch of occasion contracts with the CFTC this week, increasing their sports activities and financial choices because the prediction market house continues its fast evolution. As CME Group is the market supplier for DraftKings Predictions and FanDuel Predicts, the brand new additions will seemingly be showing on…
Efforts in Washington to repeal a cap on the federal playing loss tax deduction have struggled to realize traction in current months. With earlier legislative efforts in Congress stalling and more moderen proposals simply getting off the bottom, prediction markets have mirrored a corresponding lack of momentum for a 2026 repeal. The tax provision, enacted…
Commodity Futures Trading Commission Chairman Michael S. Selig desires to run the fee with “minimal” regulation on prediction markets. But getting it won’t be that simple. Selig laid out the way forward for the company in an op-ed for the Washington Post on Jan. 20. With bombastic, expansionist language that linked blockchain and prediction markets…
Portugal’s gaming regulators are shifting ahead with plans to order the nation’s web service suppliers to dam entry to crypto-native prediction market platform Polymarket. The order got here following reviews of enormous buying and selling quantity in Polymarket’s Portuguese presidential election markets. Two days earlier than the Jan. 18 election, Portugal’s playing regulatory physique, Serviço…
The New York Stock Exchange introduced right this moment that it’s constructing a brand new platform that may let buyers commerce tokenized shares and ETFs 24 hours a day, seven days per week. The system will permit buyers to purchase fractional shares in greenback quantities and settle trades immediately utilizing digital tokens and stablecoins, quite…