CME Group Set to Launch Sports and Economic Event-Linked Contracts

CME Group Inc. is poised to expand its offerings with the introduction of financial contracts linked to sports events and economic indicators by the year’s end. This move, as reported by Foresight News and Bloomberg, will see CME Group partner with various platforms for distribution. Notably, the exchange plans to utilize futures commission merchants (FCMs) such as the joint venture with FanDuel, a subsidiary of Flutter Entertainment, and potentially other similar brokerage firms, to make these contracts accessible to the public.