Plus500 Appointed Clearing Partner for CME-FanDuel Event-Based Contracts

​Online trading firm Plus500 Ltd (LON:PLUS) has been appointed as a clearing partner for the CME Group and FanDuel’s new event-based contracts platform.

Under the agreement, Plus500 will provide brokerage execution and clearing services for FanDuel Prediction Markets, a non-clearing Futures Commission Merchant (FCM) jointly operated by CME Group and FanDuel, part of Flutter Entertainment plc.

This new clearing arrangement will enable Plus500 to leverage its robust, trusted, institutional-grade infrastructure to provide secure and scalable access for the FCM’s clients.

David Zruia, Chief Executive Officer of Plus500, commented:

"Being chosen to clear for this groundbreaking initiative is a historic milestone for Plus500. It reflects our capabilities as an accredited, trusted market infrastructure provider, built on proprietary technology, regulatory expertise, and a focus on institutional collaboration. It also demonstrates the superiority of our operational processes and status as a global multi-asset fintech group on the international stage. We are proud to work with the CME and FanDuel to broaden global market access for millions of new customers."