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Market Chatter: Interactive Brokers Rolls Out Prediction-Market Platform

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Interactive Brokers (IBKR) is rolling out a platform that lets clients trade prediction-market contracts through its own ForecastEx, CME Group (CME), and Kalshi, the Wall Street Journal reported Thursday.

Clients will be able to trade yes-or-no contracts tied to elections, climate and economic outcomes, while sports and pop culture will be excluded, the report said.

The platform will aggregate prices across exchanges and route orders to the best available execution, including fees, with plans to expand access over time, the report said.

Interactive Brokers didn't immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Market Chatter: Interactive Brokers Rolls Out Prediction-Market Platform | FINWIRES