Interactive Brokers Founder Eyes Prediction Markets

Thomas Peterffy, the founder and chairman of the prominent electronic brokerage Interactive Brokers, believes that prediction markets are poised to become the next significant development in financial technology. Peterffy shared his insights on the potential of these markets during a recent episode of the Odd Lots podcast. His perspective suggests a strategic move by Interactive Brokers to explore or potentially enter the burgeoning field of predictive analytics and trading, leveraging their established platform and expertise in electronic trading to capitalize on this emerging trend.