CME Group, CME Group and Fanduel Games have announced a new partnership, as it emptied an events platform.
Depending on the background of CME Group in financial products and Fanduel customer base in gambling space, the platform will provide fully funded contracts based on events with specific risks. Customers will be able to bet on a variety of markets on simple bets “yes” or “no”, starting with a decrease in one dollar.
The products are expected to be launched later this year, as they include market standards such as S&P 500 and NASDAQ-100, oil and gas prices, gold, cryptocurrencies, and other major economic indicators, such as GDP and CPI. There is also a promise of more markets that must be determined in the coming months, with more launch after launch.
“Individual investors are increasingly developed and are constantly following new financial opportunities,” said Terry Duffy, Chairman of the CME group and CEO. “To meet this request, we have created this innovative partnership, which will operate the incorrect FCM together, will attract our products based on the increasing public interest in the markets, and we will provide education to attract a new generation of potential, in derivatives today.”
Vanuel is looking for partnerships throughout the gaming area
To bring the platform to clients, the two companies will create a new joint project together, and to run the FCM dealer (FCM) that would facilitate access to these juvenile contracts via Fanduel, which was It was recently sold to a giant toys for games.
“The partnership with the CME group will open our ability to bring more new and attractive products to the fast -growing Fanduel customer base.” “We believe that there is a wide audience for events based on events, and we want to provide a platform that allows our customers to participate in this activity.
“We are excited to partnership with the CME group to design new and attractive products, combine the best organizational compliance and consumer protection.”
This will not be the only partnership that Vanuel is rumored to follow, as news revolves around a A possible partnership with the prediction market like Shi.
Distinguished Image: CME GROUP/Fanduel
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