Citadel Securities President Says Firm Could Enter Prediction Markets

Charles Schwab and Citadel Securities are both considering involvement in prediction markets, adding to signs of institutional interest in the sector. Schwab CEO Rick Wurster said the firm may launch a prediction-market service at some point. Citadel Securities said it is closely monitoring the market but does not yet see sufficient liquidity to participate. The update adds Schwab as a potential entrant while clarifying that Citadel’s interest remains conditional on market depth.

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