CME Group (NASDAQ:CME) is teaming up with FanDuel (DUEL), part of Flutter Entertainment (FLUT), to develop new fully funded, event-based contracts, the companies said on Wednesday, expanding access to financial markets for FanDuel customers.

CME Group has announced that it will partner with FanDuel to launch a joint platform designed to expand access to regulated, event-based contracts in the

Sports betting firm FanDuel has tied up with derivatives exchange CME Group to set its foot into the rapidly growing event contracts market, the companies announced on Wednesday.