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Charles Schwab plans prediction market expansion into financial and political contracts, avoiding sports
- Charles Schwab plans prediction market expansion into financial and political contracts, avoiding sports — Schwab CEO Rick Wurster said on an earnings call that the brokerage plans to add prediction market contracts on financial events, company KPIs and political events over the next 12 to 18 months, building on its Cboe partnership for S&P 500 binary options. Wurster said explicitly that Schwab will not offer sports-related prediction contracts. (Prediction Authority)
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