tastytrade Launches CFTC-Regulated Prediction Markets

​Online brokerage tastytrade has launched Prediction Markets, a CFTC-regulated offering powered by Apex Fintech Solutions and available 24/7. The product turns a view on a number, decision, or result into a single, defined-risk trade that settles alongside stocks, options, and futures. 

tastytrade is the first brokerage to launch on Apex’s turnkey FCM infrastructure. Contracts are fully integrated into the tastytrade platform, allowing customers to trade event contracts in a segregated account alongside existing positions, with outcomes resolving to a simple yes-or-no and pricing reflecting real-time probabilities. The initial catalog covers major equity indices, Treasury yields, the VIX, the U.S. dollar, rate decisions from the Fed, ECB, BoE, and BoJ, key economic data (CPI, PCE, nonfarm payrolls, GDP, ISM), leading cryptocurrencies (Bitcoin, Ethereum, Solana, XRP), and energy and metals (crude, natural gas, gold, silver, copper). Contracts trade across timeframes from hourly to yearly. 

“Customer demand for simple, directional trades is accelerating, and we built Prediction Markets for the way active traders already think,” said Pete Mulmat, Head of Brokerage at tastytrade/IGNA. “Most markets make you trade around the outcome and wait for the news to get interpreted. This flips it. If you have a view on the number, the decision, or the result, you trade the event, not the reaction, with defined risk, a clear payoff, no complex strategies, and 24/7 access including evenings and weekends.” Travis McGhee, Global Head of Digital Markets at Apex Fintech Solutions, added: “Apex’s turnkey FCM infrastructure helps firms like tastytrade offer prediction markets and get to market faster without building FCM technology or connecting to exchanges from scratch. We’re proud to have tastytrade as the first firm live on Apex’s FCM infrastructure.”