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CME and FanDuel’s Prediction Market Misstep | Chicago News
Published 1 day, 17 hours ago
Description
CME Group and FanDuel’s big bet on prediction markets is fizzling—despite launching the CME-CF Benchmarks to dominate future-event trading, they’re falling behind nimble startups who’ve surged ahead with more agile, user-focused platforms. The financial giants’ high hopes are crashing as their platform underperforms, exposing how hard it is to break into fast-evolving spaces—even with heavyweight backing.
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