Walter BloombergFinance

INTERACTIVE BROKERS EXPANDS PREDICTION MARKETS PUSH Interactive Brokers is launching a prediction-markets platform with Kalshi, CME Group a…

INTERACTIVE BROKERS EXPANDS PREDICTION MARKETS PUSH Interactive Brokers is launching a prediction-markets platform with Kalshi, CME Group and ForecastEx, allowing users to trade yes-or-no contracts tied to elections, climate and the economy. Founder Thomas Peterffy said institutional interest is rising, particularly for hedging commodities and climate-related risks. Kalshi said institutional demand has surged over the past six months as prediction markets gain traction beyond retail traders.
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