There’s an old trader saying: “Don’t put on a position that won’t let you sleep at night.” Perpetual futures, known as “perps” in short, are literally designed to do the opposite. Blockchain-enabled, 24/7-traded, never-expiring ‘futures’ – a label now legally contested by the Chicago Mercantile Exchange – are growing so fast overseas that they almost…
Kalshi logo is seen in this illustration taken, August 3, 2026. Dado Ruvic | Reuters Prediction market platform Kalshi in a regulatory filing on Tuesday revealed it is seeking to launch perpetual futures tied to equity indexes. The filing with the Commodity Futures Trading Commission is the latest move by the company to expand beyond…
Wall Street’s so-called “fear gauge” has fallen to its lowest level of 2026 so far, reflecting relative market tranquility in a year marked by geopolitical turbulence — but the calm appears unlikely to last. Strategists warn that rock-bottom volatility, fresh stock market all-time highs and unresolved geopolitical risks are converging just as markets enter the…
Stock market bulls got some huge affirmation this week as the S&P 500 made all-time highs, options volumes set records, and shares of this year’s star IPO – SpaceX – stabilized and rallied despite its earnings report and the end of its first lockup period. On Friday, the Cboe Volatility Index (VIX) fell to its…
The Commodity Futures Trading Commission has been the lead regulator on event contract exchanges for over 30 years after it issued a 1992 ruling on the Iowa Electronic Markets, widely recognized as the first prediction market. Now, as prediction markets are booming, legal experts increasingly speculate the CFTC’s sibling agency — the U.S. Securities and…
Chey Tae-won, chairman of SK Group, center, Kwak Noh-jung, president and chief executive officer of SK Hynix Inc., center left, and Koh Seung-beom, chairman of SK Hynix Inc., center right, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Friday, July 10, 2026. Michael Nagle | Bloomberg |…
Two Federal Reserve officials on Thursday indicated some optimism on inflation, though neither indicated a likelihood that interest rates will change anytime soon. Chicago Federal Reserve President Austan Goolsbee said Thursday that inflation is still trending the wrong way though there have been a few bright spots. A little later in the afternoon, New York…
Traders work in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois. Scott Olson | Getty Images Global markets operator Cboe has launched its first predictions markets product, the latest financial-markets company working to capitalize on consumer demand in the fast-growing sector. The offering includes binary…
Rep. Seth Moulton, D-Mass., arrives for the House Democrats’ caucus meeting in the Capitol on Thursday, Nov. 15, 2018. Bill Clark | CQ-Roll Call Group | Getty Images A group of House Democrats pressed the Commodity Futures Trading Commission in a letter sent late Monday on why the agency has not cracked down on bets…
Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. Rep. Seth Moulton, D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of…
