CME Group Targets $650 Billion Sports Industry With First Sports Index Futures

AI Summary CME Group announced plans to launch futures tied to sports performance indexes, opening the $650 billion global sports industry to exchange-based risk management. The first cash-settled contracts are expected this summer, pending regulatory review. CME Targets an Unhedged Sports Market CME Group announced a long-term partnership with Futuresports on July 29. The Chicago-based administrator turns […] fulltext: 408 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/featured/cme-group-targets-650-billion-sports-industry-with-first-sports-index-futures/ Source: Bitcoin.com News