Interactive Brokers Rolls Out Election Contracts As Kalshi Resumes High-Stakes Congressional Bets
Portfolio Pulse from Michael Cohen
Interactive Brokers (NASDAQ:IBKR) has launched election betting contracts, allowing investors to hedge against election-related risks. This comes as KalshiEx resumes congressional betting after a legal ban was lifted. These developments offer new ways for investors to engage with political markets.
October 03, 2024 | 8:37 pm
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Interactive Brokers has introduced election betting contracts, expanding its product offerings and allowing investors to hedge against political risks. This move could attract more traders interested in political markets.
The launch of election betting contracts by Interactive Brokers is a significant expansion of their product offerings. This could attract investors interested in political markets, potentially increasing trading volume and revenue for IBKR.
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