Plus500 Joins CME and FanDuel as Clearing Partner for Contracts

Plus500 has announced its appointment as a clearing partner for the CME Group and FanDuel’s new event-based contracts platform.

Under the arrangement, Plus500 will provide brokerage execution and clearing services for FanDuel Prediction Markets, a non-clearing Futures Commission Merchant (FCM) formed as a joint venture between CME Group and FanDuel, the sports betting and entertainment company under Flutter Entertainment plc.

Moreover, this collaboration will allow Plus500 to leverage its institutional-grade infrastructure to deliver secure, scalable, and reliable access for FanDuel Prediction Markets’ clients. By acting as the clearing partner, Plus500 will facilitate seamless trading and settlement of the platform’s innovative event-based contracts, a step seen as a significant evolution in retail and institutional engagement with alternative market products.

Plus500 Joins CME and FanDuel as Clearing Partner for Contracts

Furthermore, David Zruia, Chief Executive Officer of Plus500, described the appointment as a landmark moment for the company: “Being chosen to lead this groundbreaking initiative is a historic milestone for Plus500. It reflects our capabilities as an accredited, trusted market infrastructure provider, built on proprietary technology, regulatory expertise, and a focus on institutional collaboration. It also demonstrates the superiority of our operational processes and status as a global multi-asset fintech group on the international stage. We are proud to work with the CME and FanDuel to broaden global market access for millions of new customers.”

So, the move highlights Plus500’s expanding role beyond retail trading into institutional clearing services, positioning the firm at the forefront of innovative market solutions. With the increasing popularity of event-based contracts and prediction markets, the CME-FanDuel platform aims to attract a diverse client base, including retail traders seeking new engagement avenues and professional participants looking for enhanced market efficiency.

Industry analysts note that this collaboration underscores the growing convergence between traditional financial markets and novel, tech-driven market platforms. By providing clearing and execution services, Plus500 strengthens its reputation as a globally trusted partner for complex financial instruments and continues to expand its footprint in high-growth, regulated market segments.

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