Investing
Interactive Brokers Gets Into Politics With Yes/No Bets on Races
Thomas Peterffy’s firm is offering wagers on the outcome of elections as US voters prepare to head to the polls next month.
Thomas Peterffy
Photographer: Andrew HarrerThis article is for subscribers only.
Interactive Brokers Group Inc. is getting into the action on election bets.
The online brokerage, founded by billionaire Thomas Peterffy, said Thursday it is offering users “forecast contracts” with yes or no answers on a host of political outcomes, including the presidential race and control of the US Senate.