CME Group, the biggest futures exchange in the U.S., has teamed with the sports-wagering platform FanDuel to let users bet on ...

CME Group (NASDAQ:CME) is teaming up with FanDuel (DUEL), part of Flutter Entertainment (FLUT), to develop new fully funded, ...

Expected to launch later this year, the event-based contracts will be tied to benchmarks such as the S&P 500 and Nasdaq-100, the prices of oil and gas, gold, cryptocurrencies, and key economic ...

Sports betting firm FanDuel has tied up with derivatives exchange CME Group to set its foot into the rapidly growing event ...

The FanDuel-CME platform will be a “futures commission merchant” (FCM), which means that it will offer event contracts, but will not set the markets, like Kalshi, which is a “designated contract ...

The prediction markets that will be available later this year will include stock market indexes S&P 500 and Nasdaq-100, oil and gas prices, gold, and cryptocurrencies.

FanDuel will get into the prediction markets business later this year, though there is no mention of sports just yet.

As part of the partnership, CME Group and FanDuel will form a new joint venture, under which they will operate a non-clearing futures commission merchant (FCM) that will facilitate access to these ...