CME Group and FanDuel to Launch New Event-Based Contracts Platform

CME Group and FanDuel have partnered to develop an innovative event contracts platform, offering fully funded, event-based contracts with defined risk to FanDuel customers in the US. The platform will include benchmarks such as the S&P 500 and Nasdaq-100, oil and gas prices, gold, and cryptocurrencies, with further details to be determined. The partnership aims to provide education and attract a new generation of potential traders.

CME Group (NASDAQ: CME), the world's leading derivatives marketplace, and FanDuel, America's premier online gaming company, have announced a groundbreaking partnership to develop an innovative event contracts platform. This collaboration aims to provide FanDuel customers in the United States with fully funded, event-based contracts featuring defined risk. The platform is expected to launch later this year.

The partnership will leverage CME Group's expertise in developing regulated, transparent markets and FanDuel's vast customer reach. The event contracts will allow customers to express their views multiple times a day on a wide range of markets with simple "yes" or "no" positions for as little as $1. The initial offerings will include benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators like GDP and CPI. Further details of additional offerings will be determined in the coming months.

Terry Duffy, CME Group Chairman and Chief Executive Officer, commented, "Individual investors are increasingly sophisticated and continually pursuing new financial opportunities. To meet this demand, we have created this innovative partnership, which will operate a non-clearing FCM. Together, our event-based products will appeal to the growing public interest in markets, and we will provide education to attract a new generation of potential traders not active in derivatives today."

Amy Howe, CEO of FanDuel Group, stated, "Partnering with CME Group will unlock our ability to bring even more new and engaging products to FanDuel's fast-growing customer base. We believe there is potentially a wide audience for trading event-based markets and we want to provide a platform that allows our customers to engage in this activity. We are excited to be partnering with CME Group to design new and engaging products, combining innovation with best-in-class regulatory compliance and consumer protections."

As part of the partnership, CME Group and FanDuel will form a new joint venture, under which they will operate a non-clearing futures commission merchant (FCM) that will facilitate access to these event-based contracts through FanDuel. Pending CFTC regulatory review, event contracts will be listed on and subject to the rules of CME Group exchanges and available through all participating FCMs.

This collaboration underscores the increasing demand for accessible and innovative financial products among retail investors. The partnership is expected to attract a new generation of traders and provide educational opportunities to help them navigate the complexities of the financial markets.

References:
[1] https://www.prnewswire.com/news-releases/cme-group-and-fanduel-partner-to-develop-innovative-event-contracts-platform-302534926.html
[2] https://www.marketbeat.com/instant-alerts/filing-triagen-wealth-management-llc-buys-new-shares-in-cme-group-inc-nasdaqcme-2025-08-17/