Plus500 has taken a significant step into the fast-growing US prediction markets space after being appointed as the clearing partner for CME Group and FanDuel’s newly launched event-based contracts platform. The deal positions the FTSE 250-listed fintech as the core infrastructure provider behind FanDuel Prediction Markets, the US-facing venue enabling customers to trade contracts based on future events.
Announced via RNS on Monday, the appointment sees Plus500 provide brokerage-execution and clearing services to FanDuel Prediction Markets, which operates as a non-clearing Futures Commission Merchant (FCM) in a joint venture between CME Group and FanDuel, part of Flutter Entertainment. The arrangement means Plus500 will sit at the centre of the trading stack, ensuring secure execution, settlement, and risk-management workflows for a product category regulators are now defining as event contracts.
For the US market, where retail investors and sports-betting customers are increasingly exploring financial-style contracts linked to election outcomes, sports results and other real-world events, the partnership marks a notable crossover between traditional futures infrastructure and consumer-facing prediction markets.
Plus500 CEO David Zruia described the appointment as a historic milestone, emphasising that it validates years of investment in institutional-grade systems.
“Being chosen to clear for this groundbreaking initiative reflects our capabilities as an accredited, trusted market infrastructure provider,” he said. “It also demonstrates the superiority of our operational processes and our status as a global multi-asset fintech group on the international stage.”
The deal is also strategically important for Plus500, which has been expanding well beyond its roots as a primarily retail CFD broker. Institutional services now make up roughly 15 percent of the group’s revenues, and management has repeatedly signalled its ambition to build a scalable, global B2B clearing and execution offering. Prediction markets, which sit at the intersection of futures trading and consumer finance, give Plus500 an early foothold in a segment that many expect to grow rapidly as US regulation evolves.
The company said its proprietary trading and clearing infrastructure makes it well suited to support future products and event-driven markets as demand expands. The CME and FanDuel platform is expected to bring millions of new US users into contact with exchange-style trading for the first time, with Plus500 providing the foundational systems behind the scenes.
For Plus500, the partnership strengthens its US presence and further aligns the group with major global exchanges at a time when fintechs are increasingly competing to offer institutional-grade technology. For CME and FanDuel, bringing in a dedicated clearing partner aims to ensure the new marketplace launches with robust risk controls, scalable capacity and regulatory discipline from day one.
The move signals that prediction markets, long seen as niche, are now entering the mainstream financial ecosystem, powered by the same infrastructure used for futures, options brokerage and global derivatives trading. Plus500, by securing this mandate, has put itself at the centre of that shift.
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