SpaceX will debut under the ticker 'SPCX' this Friday, and its options will begin trading on Monday, June 16th. It's a quick turnaround that leaves investors a little bit in the lurch. They'll have little time and a small sample size of activity to judge how the world's largest IPO will trade day-to-day over the long term, which one trader says will present the biggest hedging challenge in nearly three decades.
Prediction markets such as Kalshi and Polymarket could soon be barred from offering certain types of sports-related event contracts, including those involving officiating outcomes or player injuries. The Commodity Futures Trading Commission, the federal agency that regulates prediction markets, on Wednesday released a 267-page proposal that would rework and more carefully define some of the rules governing prediction markets and the types of event contracts they can offer. The proposed...
