Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, ...
Institutional investors are entering prediction markets as block trades, custom contracts and US regulatory shifts reshape a sector still dominated by retail users. Prediction markets are evolving ...
The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. The US Commodity Futures Trading Commission’s (CFTC) ...
Opinion: The rise of prediction markets and their related risks should prompt all firms should be on the lookout for ...
Robinhood isn't operating a regulated prediction markets platform like Kalshi or Polymarket. Instead, it offers "event contracts" through its subsidiary, Robinhood Derivatives. These contracts allow ...
That’s what legal counsel for Kalshi suggested in Massachusetts on Monday, as the prediction market operator aims to keep state regulators away from its sports event contracts. It’s hard to argue that ...
Pat Cummings remembers his favorite Preakness race. “Smarty Jones winning in 2004. I grew up in Philadelphia, and it was just such incredible that because a Philadelphia horse had won it.” Cummings is ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...
JPMorgan Chase (JPM) CEO Jamie Dimon issued guidelines on the use of prediction markets by employees, potentially allowing staff to trade on such platforms with caution, Barron's reported on Thursday, ...
It's back to a normal PGA Tour season in Charlotte, N.C. Last year was the third time that Quail Hollow hosted a big-time event that pushed the Truist Championship to another course. It was played at ...
Roundhill, Bitwise, GraniteShares filed to launch prediction-market ETFs SEC is seeking clarity on ETF mechanics, investor disclosures Prediction-market ETFs are latest riff on hot new trends ...