(Updates with details from Interactive Brokers' statement throughout, adds share movement in the last paragraph)
Interactive Brokers (IBKR) said Thursday that it is launching a platform that enables investors to trade contracts across all three prediction market exchanges from a single platform.
The firm said the platform will aggregate prices, and clients can access the combined liquidity of ForecastEx, CME Group (CME), and Kalshi and receive the best available net price.
Clients will be able to initially trade contracts focused on election outcomes, climate events, and economic indicators, it said.
Shares were up over 2% in morning trading.
Price: $87.20, Change: $+2.08, Percent Change: +2.44%