Novig gets CFTC’s nod to launch sports prediction market

17th June, 2026

Aravind Bulusu

Novig's recognition as a ‘Designated Contract Market’ (DCM) gains traction as few states and bipartisan senators oppose US Commodity Futures Trading Commission (CFTC)'s exclusive authority over prediction markets and gaming laws.

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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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