FanDuel teams up with CME for event contracts push


CME and FanDuel said they will launch new products later this year, allowing customers to express their views multiple times a day for as little as US$1. — Reuters

New York: Sports betting firm FanDuel has tied up with derivatives exchange CME Group to set its foot into the rapidly growing event contracts market, the companies say.

Event contracts allow investors to bet on the likelihood of specific events, ranging from sports and entertainment to politics and the economy.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

United Malacca among top gainers in early trade after posting higher 2Q earnings
Ringgit opens slightly higher vs greenback on softer US policy outlook
Bursa Malaysia stays positive amid ringgit strength, Wall St rebound
Asia stocks join Wall St rally, brace for BOJ hike
Bank of Japan set to raise interest rates to 30-year high
Trading ideas: SunCon, CIMB, Gadang, Yinson, Advancecon, Axiata, CMS, Binasat, Muhibbah, Systech, Tex Cycle, Aneka, Haily, CTOS, United Malacca
Wall St closes higher on tech rally, soft inflation data
Aneka Jaringan wins RM31mil substructure job
No new India investments for Axiata
Stable growth in 2026�for property sector, REITs

Others Also Read