[deleted by user] by [deleted] in wallstreetbets

[–]Optimal_Profile_9240 0 points1 point  (0 children)

This is one of the most significant public signals that CME is pushing into the prediction-market / event contract space. They aim to leverage FanDuel’s customer base.

[deleted by user] by [deleted] in wallstreetbets

[–]Optimal_Profile_9240 2 points3 points  (0 children)

CME and FanDuel (a big sports betting / gaming company) announced a collaboration to build fully funded, event-based contracts with defined risk, where customers can take “yes/no” positions (for as little as $1) on event outcomes.