Fanatics buys a CFTC-registered exchange and clearinghouse from BGC Group, letting it list and settle prediction market contracts directly.

July 27 : Fanatics, a global sports platform, will acquire a designated contract market and a derivatives clearing organization from brokerage BGC Group to launch its own…

Fanatics acquires CFTC-registered Water Street Labs and CX Clearinghouse from BGC Group to launch its own regulated prediction market exchange.