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CME Group has announced that it will partner with FanDuel to launch a joint platform designed to expand access to regulated, ...

FanDuel is set to develop a new events contract platform in partnership with Chicago-based derivatives giant CME Group ...

Expected to launch later this year, the event-based contracts will be tied to benchmarks such as the S&P 500 and Nasdaq-100, ...

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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.