3 stories mentioning it. Newest first.
By settling on the S&P 500 rather than sports or elections, Schwab sidesteps the state-vs-CFTC fight now engulfing Kalshi and Polymarket — and brings $13T in client assets into prediction-style…
The first major US broker-led entry into event-based trading sidesteps political and sports contracts — a regulatory and reputational hedge that may shape how TradFi giants enter the space.
The yes-or-no contracts won't be event-style like Kalshi or Polymarket, but they slot a top US brokerage directly into the same wagering lane — and signal TradFi is comfortable moving closer to…
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