Prediction markets take a victory lap after Trump win [Yahoo! Finance]
Interactive Brokers Group, Inc. - Class A (IBKR)
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm
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Source: Yahoo! Finance
Crypto-based platform Polymarket, which is headquartered in New York but doesn't permit US users, said it “proved the wisdom of markets over the polls, the media, and the pundits.” And the founder of Kalshi, which got legal authorizations for Americans to bet on the outcome of the race, said: “Polls were overwhelmingly inaccurate while prediction markets were spot on.” Both exchanges, along with other prediction markets, had Trump as the odds-on favorite to win in recent weeks: Proponents said they are more reactive to developments and momentum shifts in the race compared to polls, but some critics argued they are vulnerable to manipulation by right-wing users placing massive wagers. Sources: Reuters, Justin Wolfers, Joe Weisenthal The betting markets have been a defining feature of the 2024 race, and their accurate predictions means they could be here to stay, analysts said. Ultimately, they “proved more prescient after Trump won the polarized race,” Reuters wrote, especiall
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IBKR
Earnings
- 10/15/24 - Miss
IBKR
Sec Filings
- 11/14/24 - Form SC
- 10/21/24 - Form 8-K/A
- 10/15/24 - Form 8-K
- IBKR's page on the SEC website