This article provides an overview of event contracts, which have increased in popularity in recent years.
Event contracts are financial instruments that allow participants to trade on the outcomes of real-world events. These contracts are increasingly capturing the attention of investors and regulators alike as popularity surged during the November 2024 U.S. presidential election. These contracts offer exposure to a diverse range of outcomes, from Federal Reserve interest rate decisions to the winners of major awards ceremonies for music or movies.
Event contracts are increasingly capturing the attention of investors and regulators alike.
This article, coauthored by Nicole Moran, Laurent Samuel and Mariano Palleja, provides an overview of event contracts, including their growth, mechanics, participants, and regulatory framework.
This article was originally published by Westlaw in November 2025.
Washington 
