FanDuel and the Chicago Mercantile Exchange Group (CME Group) announced a partnership to launch a new event-based trading platform in the United States, combining the infrastructure of the derivatives market with FanDuel's extensive customer reach.
The platform will offer fully funded contracts, allowing users to take a "yes/no" position on financial and economic indicators, covering S&P 500, NASDAQ 100, oil, natural gas, gold, cryptocurrencies and macroeconomic data such as GDP, inflation. The contracts are expected to be launched by the end of 2025, pending approval from the U.S. Commodity Futures Trading Commission (CFTC), and will be listed on the CME.
The two parties plan to establish a joint venture to operate as a non-clearing futures commission merchant, ensuring compliance and facilitating transactions. CME CEO Terry Duffy stated that individual investor interest in the market is growing, and event contracts will attract a new generation of participants; FanDuel CEO Amy Howe emphasized that this move will bring more attractive financial products to its large customer base.
This collaboration comes as FanDuel's parent company Flutter Entertainment takes full ownership of the brand. In July 2025, Flutter acquired a 5% stake held by Boyd Gaming for $1.755 billion and extended their strategic cooperation until 2038.