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Stock impact report

FIS Launches New Cleared Derivatives Solution for Prediction Markets

Fidelity National Information Services, Inc. (FIS) 
Last fidelity national information services, inc. earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.fisglobal.com
Company Research Source: Business Wire
Key factsFIS has launched FIS CD Prediction Clearing to provide advanced post-trade clearing for regulated prediction markets.Solution provides 24/7 technology and operations to accelerate market adoption.FIS CD Prediction Clearing is fully integrated into the FIS Cleared Derivatives suite. JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® today announced the launch of its new FIS CD Prediction Clearing solution to provide 24/7 post-trade clearing for regulated prediction markets.The growth of prediction markets is continuing at pace, with a new report estimating a five-fold growth by 2030. Andy Ross, Head of Institutional at Kalshi said: "We are at an inflection point for prediction markets. The appetite from both retail and institutional participants is unlike anything we've seen before. To sustain that momentum, the infrastructure underpinning these markets needs to keep pace, and having the right post-trade foundation in place is critical to unlocking Show less Read more
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