CME Group CEO Advocates for Equal Competition in Market Innovation

According to PANews, CME Group CEO Terry Duffy has called for a level playing field in the market, opposing the granting of innovation exemptions to new market participants such as Polymarket CEO Shayne Coplan and Kalshi co-founder Tarek Mansour. Duffy emphasized that differing rules would hinder established players from competing effectively. The Chicago Board Options Exchange (CBOE) echoed similar sentiments, stating, "I appreciate this innovation, but if there is an opportunity for greater success, we should all strive for it. We will all be excellent competitors and outstanding innovators. However, we should not be trapped in outdated models."