Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

In 2022, a new financial asset hit the market: event contracts. Launched by groups like Kalshi and the Chicago Mercantile Exchange (CME), these contracts let investors trade predictions, not assets.

March 18 (Reuters) - Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between traders who have embraced the nascent asset class and critics who ...

Event contracts on sports took the gambling industry by surprise in early 2025. However, within a historical perspective, they’re actually the next step in a long drift that futures have made from ...