Plus500 Enters Prediction Markets, to Clear Event Contracts for a Giant-Backed Platform

Monday, 01/12/2025 | 07:31 GMT by Arnab Shome
  • The newly launched prediction market by CME and FanDuel has selected Plus500 as the clearing partner.
  • It came a month after the Chicago-based derivatives giant decided to partner with the online gaming company.
Plus500's office in Haifa, Israel; Photo: Shutterstock
Plus500's office building in Haifa, Israel; Photo: Shutterstock

Plus500 (LON: PLUS) has entered the prediction market by becoming the clearing partner for CME and FanDuel’s new event-based contracts platform. This came only a month after the Chicago-based derivatives giant decided to partner with the online gaming company.

Announced today (Monday), the London-listed brokerage will provide brokerage execution and clearing services for FanDuel Prediction Markets.

David Zruia, the CEO of Plus500

“It reflects our capabilities as an accredited, trusted market infrastructure provider, built on proprietary technology, regulatory expertise, and a focus on institutional collaboration,” said David Zruia, Chief Executive Officer of Plus500, on the latest deal with the American giants.

“It also shows the strength of our operational processes and our status as a global multi-asset fintech group on the international stage,” he explained.

Plus500's Expansion Beyond CFD

Plus500 has also recently signed an exclusive agreement with Topstep, which will see the London-listed broker handle all clearing and technology infrastructure for the Chicago prop firm’s brokerage arm and its wider operations.

These two deals show Plus500’s strategy to become an infrastructure provider to two fast-growing and in-demand sectors within the retail trading industry.

Plus500 generated $182.7 million in revenue in the third quarter of 2025, down 2.5 per cent year over year and 12.7 per cent quarter over quarter. The company is known for offering contracts for differences (CFDs), but now it focuses on expanding beyond over-the-counter (OTC) instruments.

About 15 per cent of total group revenue was generated by its non-OTC business, along with 18 per cent of new customers.

The Rush to Get a Piece of the Prediction Markets Boom

Meanwhile, the surge in demand for event contracts has pushed many retail trading giants towards this industry. Although made popular by offshore crypto-based platforms, mainstream financial institutions have now entered this space.

Robinhood recently revealed that more than 9 billion event contracts have changed hands, with over 1 million users taking part on its prediction market platform. Kalshi, the US-based issuer of these event contracts, also said that the volume of these derivatives reached $4.4 billion in October.

Now, the tech providers in the contracts for differences (CFD) industry are also seeking a piece of the event contract boom, as Devexperts recently launched a white-label prediction market platform for brokers.

Plus500 (LON: PLUS) has entered the prediction market by becoming the clearing partner for CME and FanDuel’s new event-based contracts platform. This came only a month after the Chicago-based derivatives giant decided to partner with the online gaming company.

Announced today (Monday), the London-listed brokerage will provide brokerage execution and clearing services for FanDuel Prediction Markets.

David Zruia, the CEO of Plus500

“It reflects our capabilities as an accredited, trusted market infrastructure provider, built on proprietary technology, regulatory expertise, and a focus on institutional collaboration,” said David Zruia, Chief Executive Officer of Plus500, on the latest deal with the American giants.

“It also shows the strength of our operational processes and our status as a global multi-asset fintech group on the international stage,” he explained.

Plus500's Expansion Beyond CFD

Plus500 has also recently signed an exclusive agreement with Topstep, which will see the London-listed broker handle all clearing and technology infrastructure for the Chicago prop firm’s brokerage arm and its wider operations.

These two deals show Plus500’s strategy to become an infrastructure provider to two fast-growing and in-demand sectors within the retail trading industry.

Plus500 generated $182.7 million in revenue in the third quarter of 2025, down 2.5 per cent year over year and 12.7 per cent quarter over quarter. The company is known for offering contracts for differences (CFDs), but now it focuses on expanding beyond over-the-counter (OTC) instruments.

About 15 per cent of total group revenue was generated by its non-OTC business, along with 18 per cent of new customers.

The Rush to Get a Piece of the Prediction Markets Boom

Meanwhile, the surge in demand for event contracts has pushed many retail trading giants towards this industry. Although made popular by offshore crypto-based platforms, mainstream financial institutions have now entered this space.

Robinhood recently revealed that more than 9 billion event contracts have changed hands, with over 1 million users taking part on its prediction market platform. Kalshi, the US-based issuer of these event contracts, also said that the volume of these derivatives reached $4.4 billion in October.

Now, the tech providers in the contracts for differences (CFD) industry are also seeking a piece of the event contract boom, as Devexperts recently launched a white-label prediction market platform for brokers.

About the Author: Arnab Shome
Arnab Shome
  • 7215 Articles
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 7215 Articles
  • 130 Followers

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