Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.

Election betting platform Polymarket has plans to return to the US on its success accurately predicting President-elect ...

Prediction markets have “enormous” growth potential, Thomas Peterffy, the billionaire founder of the retail brokerage ...

Thomas Peterffy explains why his stock brokerage has joined the political betting craze—and takes a dig at his upstart competitors.

He did so with the help of businessman Thomas Peterffy, hedge fund manager John Paulson and hotel and casino mogul Steve Wynn ...

Betting platform Polymarket halted U.S. operations in 2022, but plans to bring its prediction markets back to customers in ...

"This is going to be a larger market in my view than the equities market maybe in 15 years or so," Interactive Brokers ...

Donald Trump was doing remarkably well on prediction markets less than a week ago, with polling data constantly shifting in ...

They included Palm Beach homeowners Isaac Perlmutter, who made much of his fortune through Marvel Entertainment; and ...

“These markets will run the world,” said Thomas Peterffy, the billionaire founder of Interactive Brokers. “People tend to say what they want, but in these markets, they will bet the way they think the ...

(Bloomberg) -- In the latest sign of how Wall Street is playing the AI trend, financial heavyweights Stanley Druckenmiller, Greg Coffey and Thomas Peterffy are among those participating in a $30 ...