BGC Group News & Prediction Market Coverage
Track the latest BGC Group news across prediction markets. Prediction News is following 2 active BGC Group stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
What prediction market assets did BGC Group own?
BGC Group owned Water Street Labs, a CFTC-registered Designated Contract Market, and CX Clearinghouse, a CFTC-registered Derivatives Clearing Organization, which supported event contracts and clearing.
Did Fanatics buy BGC Group's exchange?
Yes, Fanatics agreed in July 2026 to acquire Water Street Labs and CX Clearinghouse from BGC Group to operate its own federally regulated prediction market exchange.
Is BGC Group still involved in prediction markets after the Fanatics deal?
BGC Group entered a strategic partnership with Fanatics to partner on prediction markets, combining institutional trading expertise with Fanatics' retail platform.
What is Water Street Labs?
Water Street Labs is the CFTC-registered Designated Contract Market (DCM) formerly owned by BGC Group and acquired by Fanatics in 2026.
What regulatory status do BGC Group's former subsidiaries hold?
As of the July 2026 announcement, Water Street Labs held CFTC DCM registration and CX Clearinghouse held CFTC DCO registration.