FanDuel ( NYSE: FLUT) has entered a strategic partnership with CME Group ( CME) to create a platform that allows retail users to bet on the outcomes of financial market events. The joint venture is ...

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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 ...

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

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 ...

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