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Aries adds event trading with plans for integrated market views

Eligible customers can trade yes-or-no event contracts through Aries Futures LLC, with contracts listed and cleared by ForecastEx, the CFTC-designated exchange affiliated with Interactive Brokers. Aries plans to integrate the markets into its Aries Infinite trading canvas so event contract prices sit alongside charts, news and positions.

Aries has introduced prediction markets in its mobile app, giving eligible customers access to yes-or-no contracts covering elections, economic data and financial markets, according to Bitcomme.

Access through ForecastEx

Customers trade the event contracts through Aries Futures LLC. The contracts are listed and cleared by ForecastEx, the CFTC-designated exchange affiliated with Interactive Brokers, according to Bitcomme.

The arrangement places customer access within Aries while ForecastEx handles listing and clearing. Eligibility remains a condition of access; the supplied summary does not specify the requirements.

Integration planned for Aries Infinite

Aries also plans to bring prediction markets into its Aries Infinite trading canvas, according to Bitcomme. That integration would display event-contract prices alongside charts, news and positions.

The mobile launch and the planned canvas integration are distinct developments. The supplied summary gives no timetable for the Aries Infinite rollout.

What it means for prediction markets

  • Another access point: Eligible Aries customers can now trade yes-or-no event contracts within the mobile app.
  • Defined market infrastructure: Aries Futures LLC provides the trading route, while ForecastEx lists and clears the contracts.
  • A planned change in presentation: The Aries Infinite integration would put event prices alongside other trading information, but its launch timing is unspecified.
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    Bitcomme
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