event contracts
Why Is Derivatives Giant CME Partnering With Sports Bettors? Prediction Markets Boom Holds the Answer
- Starting in December, FanDuel Predicts users will be able to trade contracts on sports outcomes, stock indexes, and commodities for as little as one cent.
- The partnership, however, arrives amid ongoing regulatory uncertainty and scrutiny over whether event contracts constitute gambling.
Thursday, 13/11/2025 | 07:16 GMT by
Damian Chmiel
Gemini Eyes Entry Into Prediction Markets With Planned Derivatives Exchange
- Winklevoss brothers' crypto exchange files for regulatory approval as mainstream finance rushes into betting contracts.
- The company aims to compete with Kalshi and Polymarket as prediction market volumes hit record highs
Wednesday, 05/11/2025 | 06:52 GMT by
Damian Chmiel
Prediction Markets Platform Kalshi Sues New York Hours After Shutdown Threat
- The event contracts provider argues federal regulators hold sole authority over its operations.
- The cease-and-desist letter threatens fines for what the state calls unlicensed sports wagering.
Tuesday, 28/10/2025 | 06:43 GMT by
Damian Chmiel
NYSE Parent Drops $2 Billion on Prediction Market Polymarket
- Intercontinental Exchange becomes a global distributor of prediction market data as traditional finance moves into event-based trading.
- The deal values the crypto-based platform at $8 billion as competition with its regulated rival, Kalshi, intensifies.
Tuesday, 07/10/2025 | 12:18 GMT by
Damian Chmiel
Kalshi Captures 60% Share, Ending Polymarket's Prediction Market Dominance
- The platform outpaces rival crypto-based Polymarket despite the competitor's U.S. expansion push.
- The higher turnover rates suggest different trading behaviors between the two platforms.
Tuesday, 23/09/2025 | 07:04 GMT by
Damian Chmiel
Prediction Market Giant Polymarket Gets CFTC Green Light for US Return
- The regulatory approval marks the end of a three-year exile following the derivatives settlement.
- The platform's homecoming follows a surge in election betting, including companies like Kalshi and Robinhood.
Thursday, 04/09/2025 | 06:42 GMT by
Damian Chmiel
Kalshi Hires 23-Year-Old Crypto Influencer to Lead Digital Asset Expansion
- The event contracts provider taps John Wang as head of crypto amid Trump administration's supportive stance.
- In the meantime, the company, along with Robinhood, was again sued over event contracts resembling sports betting.
Tuesday, 26/08/2025 | 06:34 GMT by
Damian Chmiel
Robinhood and Kalshi (Again) Sued Over Event Contracts Resembling Sports Betting
- The Wisconsin tribe claims the prediction market platform violates federal gaming laws and tribal sovereignty.
- Event contracts are drawing criticism from both the financial industry and the gambling sector.
Thursday, 21/08/2025 | 07:33 GMT by
Damian Chmiel
CME Brings Wall Street to Sports Bettors with New Event Contracts Partnership
- The Chicago derivatives giant partners with the online gaming company to offer $1 trades to sports gambling fans.
- The binary options-style products gain regulatory support and mainstream adoption, including Robinhood, Crypto.com and Interactive Brokers.
Thursday, 21/08/2025 | 06:21 GMT by
Damian Chmiel
Robinhood Sues Nevada and New Jersey over Event Contract Threats
- The trading platform alleged that it is facing “immediate threat of civil penalties and criminal prosecution” in these two states.
- The lawsuits came as Robinhood continued to expand its event contract offerings.
Wednesday, 20/08/2025 | 07:11 GMT by
Arnab Shome
This CFTC Decision Could Change Everything for Event Contracts Trading
- Railbird Exchange receives a no-action letter exempting binary options from swap reporting rules.
- It reduces compliance burdens and could encourage growth in the prediction markets industry.
Friday, 08/08/2025 | 06:09 GMT by
Damian Chmiel
Brokers Face the Future: Event Contracts, Data Rules, and UK Retail Shake-Up
- Event contracts are gaining massive popularity. However, Paul Golden weighs in on how regulators perceive this new instrument.
- He also explores Europe's push to provide traders with more access to their data and the UK's push to move retail money.
Wednesday, 16/07/2025 | 12:36 GMT by
Paul Golden
Crypto.com Exchange Takes Nevada to Court Over Event Contracts and Sports Betting Ban
- The exchange claims the state lacks the authority to block its federally regulated sports event contracts.
- The case represents the latest escalation in a broader conflict between state gaming authorities and CFTC-regulated prediction markets.
Thursday, 05/06/2025 | 07:10 GMT by
Damian Chmiel
Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
- Interactive Brokers now lets clients trade predictions on U.S. primary races using event contracts.
- Moreover, it has increased FDIC insurance coverage for uninvested cash to up to $10 million for joint accounts.
Wednesday, 04/06/2025 | 07:11 GMT by
Damian Chmiel
CFTC Folds Its Hand in Election Betting Showdown with Kalshi
- The CFTC has dropped its appeal against Kalshi, allowing the platform to continue offering election betting contracts.
- This decision follows a lower court ruling that limited the CFTC's authority to ban such contracts on public interest grounds.
Tuesday, 06/05/2025 | 07:39 GMT by
Damian Chmiel
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a “Trillion Dollar Asset Class”
- Prediction markets boomed in 2025 as retail trading giant Robinhood added them to its platform.
- Although the CFTC approved their issuance a few years ago, the agency is now questioning whether it made the right decision.
Tuesday, 29/04/2025 | 13:41 GMT by
Damian Chmiel
Robinhood Added Event Contracts, Their Creator Heads to Court Against Nevada Regulators
- Kalshi is suing Nevada gaming regulators to continue offering binary event-based contracts.
- The lawsuit challenges state authority over federally regulated betting activities.
- Earlier, the CFTC had questioned the compliance of sports-based contracts offered by Crypto.com and Robinhood with regulations.
Monday, 31/03/2025 | 08:05 GMT by
Damian Chmiel
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