FanDuel and CME Group Launch FanDuel Predicts to Give Customers the Power to Trade on Tomorrow's Headlines

Rhea-AI Summary

FanDuel and CME Group (NASDAQ: CME) launched FanDuel Predicts on Dec. 22, 2025, with initial availability in Alabama, Alaska, South Carolina, North Dakota and South Dakota and a phased expansion through early 2026.

The mobile app, available on Apple App Store and Google Play, uses FanDuel's KYC process (birth date, Social Security number, address, banking info, government ID). Customers can buy/sell event contracts priced from $0.01 to $0.99 on financial benchmarks, commodities, cryptocurrencies, economic indicators, and sports (sports only where online betting is not legal).

Positive

• Launch in five states with phased national rollout through early 2026
• Contracts priced from $0.01 to $0.99 lower barrier to entry
• Access to FanDuel's millions of registered users via CME distribution
• Markets offered across financial benchmarks, commodities, crypto and sports

Negative

• Initial availability limited to five states, limiting near-term reach
• Sports contracts will cease in states as online sports betting legalizes
• Account creation requires Social Security number and government ID

Key Figures

Launch states 5 states Initial FanDuel Predicts rollout (Alabama, Alaska, SC, ND, SD)

Contract price range $0.01–$0.99 Buy/sell prices for FanDuel Predicts event contracts

Coverage 50 states Event contracts on financial benchmarks available in all states

Rollout horizon Through early 2026 Phased national expansion timeline for FanDuel Predicts

Market Reality Check

$269.09 Last Close

Volume Volume 3,243,093 is 1.6x the 20-day average of 2,026,758, indicating elevated pre-news activity. high

Technical Price $269.09 is trading slightly below the 200-day MA at $270.95 and about 7.46% under the 52-week high.

Peers on Argus

CME gained 1.15% with elevated volume, while key peers like ICE, COIN, NDAQ and SPGI showed smaller positive moves between 0.21% and 1.16%, suggesting a modestly constructive sector backdrop but a more pronounced move in CME.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 17	Earnings call notice	Neutral	+0.3%	Announcement of Q4 and full-year 2025 earnings release and conference call.
Dec 15	Crypto futures launch	Positive	-0.5%	Launch of Spot-Quoted XRP and SOL futures expanding existing crypto suite.
Dec 11	Education initiative	Neutral	+0.4%	Announcement of winners of the 22nd Annual University Trading Challenge.
Dec 02	Regulatory approval	Positive	-0.5%	SEC approval of new securities clearing house CME Securities Clearing Inc.
Dec 02	Sentiment index update	Positive	-0.5%	Purdue/CME Ag Economy Barometer rose on improved farmer future expectations.

Pattern Detected

Recent CME headlines tied to product launches and regulatory milestones have generally produced modest single-day moves, with a mix of aligned and divergent reactions versus the apparent positive tone.

Recent Company History

Over the past months, CME reported several strategic and operational developments. On Dec 15, 2025, it expanded its crypto offering with Spot-Quoted XRP and SOL futures, following earlier Spot-Quoted Bitcoin and Ether products. On Dec 2, 2025, it received SEC approval for CME Securities Clearing Inc., targeting U.S. Treasury and repo clearing mandates through 2027. Educational and sentiment initiatives, including the University Trading Challenge and the Purdue/CME Ag Economy Barometer, reflect ongoing ecosystem engagement. Today’s FanDuel partnership extends CME’s reach into prediction markets, consistent with this expansion trend.

Market Pulse Summary

This announcement highlights a partnership between CME and FanDuel to launch FanDuel Predicts, a prediction-markets app tied to benchmarks such as the S&P 500, Nasdaq-100, commodities and key indicators like GDP and CPI. The phased rollout across multiple states through early 2026 aligns with CME’s broader push into new distribution channels. Investors may watch adoption trends, product mix between financial and sports contracts, and how this complements CME’s existing benchmark derivatives ecosystem.

Key Terms

prediction markets financial

"New prediction markets platform launches in five stateswith a phased expansion"

Prediction markets are exchanges where people buy and sell contracts that pay out based on the outcome of a future event, effectively turning collective beliefs into a price that reflects the market’s estimated probability. Like a sports betting line or a crowd-sourced weather forecast, they aggregate diverse information and sentiment into a single, continuously updated signal that investors can use to gauge market expectations, inform timing, assess risk, or construct hedges.

know your customer financial

"will integrate FanDuel's "Know Your Customer" sign-up process, requiring customers"

Know your customer (often called KYC) is the routine process financial firms use to verify who their clients are and assess the risk they pose, by collecting identity documents, background information and transaction history. For investors, KYC matters because it determines whether you can open or maintain accounts, how quickly you can trade, and how a firm manages regulatory and fraud risk—similar to a landlord checking references before renting to someone.

s&p 500 financial

"contracts in all 50 states on benchmarks such as the S&P 500 and Nasdaq-100"

The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.

cryptocurrencies financial

"prices of oil and gas, gold, cryptocurrencies, and key economic indicators"

Cryptocurrencies are digital forms of money or tokens secured by cryptography and recorded on shared digital ledgers, like a public spreadsheet that many computers maintain together. They matter to investors because their market values can swing widely, can act as speculative investments or portfolio diversifiers, and are exposed to unique risks such as regulatory changes, cybersecurity threats, and adoption shifts that can quickly affect prices.

gdp financial

"and key economic indicators such as GDP and CPI."

Gross Domestic Product (GDP) measures the total value of goods and services produced within a country over a set period, similar to a company’s annual sales but for an entire economy. Investors watch GDP because it signals how fast the economy is growing or shrinking, which affects corporate profits, consumer demand, interest rates and market confidence — like checking a country’s financial pulse before placing a bet.

cpi financial

"and key economic indicators such as GDP and CPI."

Consumer Price Index (CPI) measures how the prices of a typical “shopping basket” of goods and services change over time, like checking whether a grocery cart costs more or less than before. Investors watch CPI because rising prices can squeeze consumers, alter company profits and prompt central banks to change interest rates, which affects borrowing costs, bond yields and stock valuations.

AI-generated analysis. Not financial advice.

New prediction markets platform launches in five states
with a phased expansion to other states through early 2026

NEW YORK AND CHICAGO, Dec. 22, 2025 /PRNewswire/ -- Today, FanDuel, the premier online gaming company in North America and part of Flutter Entertainment (NYSE: FLUT, LSE: FLTR), and CME Group (NASDAQ: CME), the world's leading derivatives marketplace, launched FanDuel Predicts in Alabama, Alaska, South Carolina, North Dakota and South Dakota, beginning a phased national rollout over the coming weeks. FanDuel Predicts will expand access to financial and sports markets for millions of U.S. customers over the coming months.

FanDuel Predicts will provide customers with a platform to express their views on the day's biggest stories across financial indicators, cultural moments and sports. This new mobile application will be available in the Apple App Store and Google Play and will integrate FanDuel's "Know Your Customer" sign-up process, requiring customers to submit their birth date, Social Security number, home address, banking information and a government-issued ID. Once the Predicts account is created, customers can buy or sell event contracts ranging in price from as little as $0.01 to $0.99 by choosing "Yes" if they think an event will happen or "No" if they don't.

The platform will offer event contracts in all 50 states on benchmarks such as the S&P 500 and Nasdaq-100, prices of oil and gas, gold, cryptocurrencies, and key economic indicators such as GDP and CPI. In addition to financial markets, sports contracts will be available across baseball, basketball, football, and hockey in states where online sports betting is not yet legal, except on tribal lands. As new states legalize online sports betting, FanDuel Predicts will cease offering sports event contracts in those states.

"We're giving our customers a new platform to engage with the world around them - whether that's the next Fed rate decision or a sports event," said James Cooper, Senior Vice President, Flywheel and New Ventures at FanDuel. "This launch in five states will provide valuable insights into customer engagement with this new platform, enabling us to refine our approach as we expand to additional states in 2026."

"CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more," said Lynne Fitzpatrick, President and Chief Financial Officer, CME Group. "This launch is a pivotal step for expanding the reach of our products to FanDuel's millions of registered users across the U.S."

The rollout of FanDuel Predicts will continue to other states through early 2026.

FanDuel will extend its commitment to consumer protection to the FanDuel Predicts app. At launch, customers will be able to set deposit limits, deposit alerts or self-exclude if needed with mental health services provided by Kindbridge Behavior Health.

About FanDuel
FanDuel Group is America's premier mobile gaming company, consisting of a portfolio of leading brands across mobile wagering including America's #1 Sportsbook FanDuel Sportsbook, its leading iGaming platform FanDuel Casino, the industry leader in horseracing and advance-deposit wagering FanDuel Racing, and its daily fantasy sports product. In addition, FanDuel Group operates FanDuel TV, its broadly distributed linear cable television network, and FanDuel TV+, its leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta, and Jersey City.

About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

Media Contacts:
Alex Pitocchelli, FanDuel
press@fanduel.com

Laurie Bischel, CME Group
news@cmegroup.com

Investor Contacts:
Paul Tymms, Flutter
Ciara O'Mullane, Flutter
Chris Hancox, Flutter
investor.relations@flutter.com

Adam Minick, CME Group
investors@cmegroup.com

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SOURCE FanDuel Group

FAQ

When did FanDuel and CME Group launch FanDuel Predicts (CME)?

FanDuel Predicts launched on Dec. 22, 2025, with initial availability in five states.

Which states had FanDuel Predicts available at launch for CME-related markets?

The app launched in Alabama, Alaska, South Carolina, North Dakota and South Dakota.

What contract sizes and price range does FanDuel Predicts (CME) offer?

Customers can buy/sell event contracts priced from $0.01 to $0.99 per contract.

What personal information does FanDuel Predicts require to open an account?

The app requires birth date, Social Security number, home address, banking info, and a government-issued ID.

Will FanDuel Predicts offer financial markets across all US states (CME)?

The platform will offer event contracts tied to benchmarks and indicators in all 50 states.

How does FanDuel Predicts handle sports contracts as states legalize betting?

FanDuel Predicts will stop offering sports event contracts in states once online sports betting becomes legal there.