Will Interactive Broker's prediction market platform have $100mm in volume in 2024? | Manifold

Will Interactive Broker's prediction market platform have $100mm in volume in 2024?

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Background: Interactive Brokers is launching ForecastEx in July 2024.

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https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-11-08-2024/card/a-historic-week-for-prediction-bets-E6ez7nnRJ1hyFjWPMYtA

On Interactive Broker's ForecastEx platform, trading in presidential-election contracts has made up almost 99% of all activity, a spokeswoman said. More than $560 million worth of such contracts have changed hands since the launch in early October.

@SG ^ Is that enough to resolve the market YES?

Related:

bought Ṁ500 NO

“The launch of ForecastEx, a prediction exchange specializing in economic and climate events, has been postponed until later in the summer due to administrative issues”

it pays fed funds rate minus 0.5% interest on all positions. That’s huge

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