tastytrade has rolled out CFTC-regulated prediction markets, joining Robinhood and moomoo in the race to offer retail traders 24/7 event-based contracts. The platform, powered by Apex Fintech Solutions’ turnkey futures commission merchant infrastructure, now allows customers to trade yes-or-no outcome contracts on macroeconomic events, central bank decisions, market indicators, commodities and cryptocurrencies within segregated accounts alongside traditional instruments.
The offering covers Fed, ECB, Bank of England and Bank of Japan rate decisions, plus key economic data releases including CPI, PCE, nonfarm payrolls and GDP. Traders can also access contracts on equity indices, Treasury yields, VIX, cryptocurrencies like Bitcoin and Ethereum, and commodities including crude oil and gold across timeframes from hourly to yearly. Contracts settle based on defined outcomes with prices reflecting implied probability.
tastytrade’s Head of Brokerage Pete Mulmat emphasized the service lets traders “trade the event, not the reaction” with defined risk during off-market hours when volatility typically spikes around major announcements.
FXnCO Insight
Prediction markets give retail traders a hedging tool for event risk during closed traditional market hours, potentially reducing overnight exposure gaps.
Source: Finance Magnates