John O’Connell Published in Advisor Perspectives by VettaFi: Wealth Management Firms & the Rise of Prediction Markets
Senior executives in wealth management are aware that younger investors are experimenting with new forms of speculation. They see more clients using sports-betting apps, crypto exchanges, and short-term trading tools. What many executives do not yet recognize is that a new market structure has emerged that sits between these activities. This structure allows investors to trade directly on the outcomes of real events. These platforms are known as prediction markets.
Discover how prediction markets are becoming a durable feature of the financial landscape and how they align with how younger investors think, trade, and absorb information in this article authored by John O’Connell for Advisor Perspectives by VettaFi.
