CME Group plans to launch contracts linked to sports events and economic indicators by the end of the year
Foresight News reported, citing Bloomberg, that according to sources, CME Group Inc. plans to launch financial contracts linked to sporting events and economic indicators by the end of the year. CME intends to introduce the new contracts to the public through futures commission merchants, including its joint venture futures commission merchant established with FanDuel, a subsidiary of Flutter Entertainment. CME may also offer these contracts on other similar platforms, thereby opening them up to traditional retail investment brokerage firms. A CME spokesperson declined to comment on the plans and stated that the plans are still subject to change.
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