Top Trending: FanDuel to Launch New Prediction Market

Submitted by C Costigan on

Written by :

C Costigan

Published on :

CME Group, the world's leading derivatives marketplace, and FanDuel, America's premier online gaming company, part of Flutter Entertainment, on Wednesday announced a groundbreaking alliance that will launch new products and expand access to financial markets for millions of FanDuel customers in the U.S.

betphoenixbanner.png

This innovative partnership will build on CME Group’s long track record of developing regulated, transparent markets, and FanDuel’s vast customer reach. Together, the companies will develop new fully funded, event-based contracts with defined risk. Customers will be able to express their views multiple times a day on a wide range of markets with simple “yes” or “no” positions for as little as $1.

Expected to launch later this year, the products will include benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI, with further details of additional offerings to be determined in the coming months.

“Individual investors are increasingly sophisticated and continually pursuing new financial opportunities,” said Terry Duffy, CME Group Chairman and Chief Executive Officer. “To meet this demand, we have created this innovative partnership, which will operate a non-clearing FCM. Together, our event-based products will appeal to the growing public interest in markets, and we will provide education to attract a new generation of potential traders not active in derivatives today.”

“Partnering with CME Group will unlock our ability to bring even more new and engaging products to FanDuel’s fast-growing customer base,” said Amy Howe, CEO of FanDuel Group. "We believe there is potentially a wide audience for trading event-based markets and we want to provide a platform that allows our customers to engage in this activity. We are excited to be partnering with CME Group to design new and engaging products, combining innovation with best-in-class regulatory compliance and consumer protections.”

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 event-based contracts through FanDuel.

Pending CFTC regulatory review, event contracts will be listed on and subject to the rules of CME Group exchanges and available through all participating FCMs. 

Gambling911 Trending Stories Over Last 24 Hours August 20 (76,342 Impressions Last 24 Hours)

  • (Little League World Series) 2025 Little League World Series Bracket Championship Payout Odds (25495 impressions, up from 18503 impressions)
  • (Crime) Top Trending: Bet365 Influencer Arrested (6476 impressions) 
  • (UFC) Khamzat Chimaev vs. Nassourdine Imavov, Caio Borralho Fight Odds (5225 impressions)
  • (MLB) Will the Brewers vs. Cubs Game 2 Be Postponed August 18? What Happens to My Bet? (2561 impressions)
  • (NFL) Bet on Male Cheerleaders (2656 impressions)
  • (NFL - Re-Entry) Iowa State vs. Kansas State Scoring Prop Bets, Winning Margin of Victory Payout Odds - 2025 Week 0 (1698 impressions)
  • (WNBA) New Betting Market: Color of Next Dildo Thrown on Floor at a WNBA Game (1184 impressions)

These Are your Hot Trending Topics LIVE at Gambling911

  • little league world series odds
  • llws odds
  • fairfield little league
  • gambling 911
  • sweepstakes casino time2play
  • caio borralho
  • mazi vs in jail

- Gilbert Horowitz, Gambling911.com 

Related Content

New Pennsylvania Proposed Bills Seeks to Prevent Gambling at the Playground, in the Classroom

New Pennsylvania Proposed Bills Seeks to Prevent Gambling at the Playground, in the Classroom

"Pennsylvania has authorized interactive gaming and sports wagering under a licensed and regulated framework. That framework was built for adults making lawful choices."
Kalshi

Sportradar and Kalshi Announce Partnership Deal

This strategic agreement positions Sportradar as an official data and solutions provider for Kalshi, delivering a broad portfolio of premium sports content and services across major sports properties.
Bet99.ca Reviews for the 2026 FIFA World Cup

Bet99.ca Reviews for the 2026 FIFA World Cup

Bet99.ca operates out of Canada and presently only takes bets from those in this country.
Mohegan Sun Casino in Connecticut Pays Out Two Big Jackpots in a Single Week

Mohegan Sun Casino in Connecticut Pays Out Two Big Jackpots in a Single Week

You are more likely to be struck by lightning over your lifetime than hit a four-card royal flush on one blackjack round that paid out one of the two big wins.