CME Plans to Launch Sports Contracts to Compete With Kalshi (2)

CME Group Inc. is planning to debut financial contracts tied to both sports games and economic indicators by the end of the year, according to people familiar with the matter.

The products would bring the Chicago-based CME into more direct competition with Kalshi and Polymarket, the two platforms for so-called prediction markets that have been making rapid moves into the financial mainstream with the support of Donald Trump Jr., who is an adviser to both companies.

CME is preparing to release its new contracts to the public through futures commission merchants, including the one it is setting up ...