ASIC chair questions public interest value of event contracts

30th October, 2026

Aravind Bulusu
Australian flag.gig

Australian Securities and Investments Commission (ASIC) chair Sarah Court said prediction markets for retail clients are not in the public interest, as they share characteristics of binary options, which are prohibited for retail traders in Australia.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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