From "to cut or not to cut interest rates" to "who will be elected", predicting this business, it's on fire!

Since 2021, the prediction market has been heating up, attracting a large number of investors. Interactive Brokers has launched the ForecastEx prediction platform, offering contract products based on key economic data releases. At the same time, SIG and Kalshi have also introduced prediction contract products in this market, achieving decent growth in trading volume. However, regulatory agencies have started to pay attention to the prediction market, determining that it falls within the regulatory scope of the Commodity Futures Trading Commission. In May of this year, the CFTC announced new rules prohibiting contracts based on political contests, award ceremonies, or sports competitions. The development trend of the prediction market will be influenced by regulation