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MARKET INFRASTRUCTURE · LISTED EXPOSURE · PRIMARY SOURCES

Prediction Market
Industry Monitor.

Who operates the markets? Who provides access, capital or infrastructure? And when does a theme become an observable capital-markets segment?

10 providers 8 Public Companies 1 Dedicated ETF 6 Primary-source signals

01 / PROVIDER REGISTRY

A trading venue is not the same as a platform.

Active, virtual and historical providers are distinguished by market model, access and regulatory nature—not by their chosen brand description.

10 entries
ProviderType & modelAccess & regulationAssessment
ActiveKalshi
Regulated trading venueOrder book · Event Contracts
USA · eligibility-basedCFTC · DCM

Private company; events spanning politics, economics, sport and culture.

Source / profile
ActivePolymarket
Crypto-native marketOrder book · blockchain
Jurisdiction-dependentUS re-entry through regulated infrastructure

Globally visible market-implied probabilities; the platform remains privately held.

Source / profile
ActiveForecastEx
Regulated trading venueComplementary YES/NO contracts
Via Interactive BrokersCFTC · DCM & DCO

Economic, climate and political Forecast Contracts integrated with broker infrastructure.

Source / profile
ActiveCME Group Event Contracts
Exchange infrastructureEvent Futures
Via brokersCFTC-regulated environment

Event-based contracts within established futures infrastructure.

Source / profile
ActiveRobinhood Prediction Markets
Distribution HubIntegrated retail access
USA · product-dependentPartner-/venue-dependent

Prediction markets as a product area within a multi-asset platform.

Source / profile
Active / special modelPredictIt
Political prediction marketCentral marketplace
USA · limitedHistorical academic framework

Politics-focused markets; regulatory status must be tracked separately.

Source / profile
ActiveMetaculus
Forecasting CommunityAggregated forecasts
GlobalNot a conventional real-money market

Research and community forecasts rather than tradable Event Contracts.

Source / profile
ActiveManifold
Virtual marketPlay money / community
GlobalVirtual environment

Low access threshold; suitable for studying market mechanics.

Source / profile
HistoricalTradeSports / Intrade
Event Future ExchangePeer-to-peer · order book
DiscontinuedHistorical regulatory case

A key reference for political and economic Event Contracts and market microstructure.

Source / profile
HistoricalRedmonitor
Regulated trading platformBinary financial contracts
DiscontinuedAustrian supervision

An important European precedent for tradable information and binary derivatives.

Source / profile

COVERAGE LOGIC

A theme becomes an industry
when its infrastructure becomes observable.

Providers reveal market supply. Publicly listed companies reveal capital and distribution. ETFs reveal packaging. Filings provide the verifiable signals.

swarmalpha Theme Tracker