PANews reported on October 17th that Bloomberg News reported that CME Group Inc. plans to launch financial contracts tied to sporting events and economic indicators by the end of the year, citing people familiar with the matter. These products will put the Chicago-based exchange in more direct competition with two prediction market platforms, Kalshi and Polymarket. CME is preparing to launch the new contracts to the public through futures commission merchants, including one it has established with FanDuel, a subsidiary of Flutter Entertainment. CME may also offer these contracts on other similar platforms, thereby opening them up to traditional retail investment brokerage firms. A CME representative declined to comment on the plans, stating that they are still subject to change.PANews reported on October 17th that Bloomberg News reported that CME Group Inc. plans to launch financial contracts tied to sporting events and economic indicators by the end of the year, citing people familiar with the matter. These products will put the Chicago-based exchange in more direct competition with two prediction market platforms, Kalshi and Polymarket. CME is preparing to launch the new contracts to the public through futures commission merchants, including one it has established with FanDuel, a subsidiary of Flutter Entertainment. CME may also offer these contracts on other similar platforms, thereby opening them up to traditional retail investment brokerage firms. A CME representative declined to comment on the plans, stating that they are still subject to change.