What Are the Odds (Part Deux)

Interactive Brokers Group ($IBKR) has launched a unified interface for trading prediction markets across three platforms — Kalshi, CME Group ($CME), and its subsidiary ForecastEx.

As it’s been explained, IBKR’s user interface aggregates similar contracts from all connected prediction market exchanges into one searchable interface, enabling users to trade contracts across all three prediction market exchanges from a single platform.

Per the company, its prediction markets will initially focus on election outcomes, climate events, and economic indicators.

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Posted by Chris Versace

With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio. Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.” With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).

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