Wedbush Surpasses One Billion Prediction Market Contracts Cleared

Wedbush Securities announced on June 15, 2026, that it has cleared more than one billion prediction market contracts as of May 31, 2026. The milestone was achieved across hundreds of contracts listed on multiple exchanges, driven by the firm's investment in clearing and back-end infrastructure.

Wedbush began supporting prediction market products shortly after the CME launched them in mid-December 2025. The company worked closely with clients to provide the technology, operational support, risk management, and clearing infrastructure needed to offer these products to investors.

Bob Fitzsimmons, Executive Vice President of Wedbush, noted that the firm has continued investing in technology and operational capabilities to meet growing demand. He emphasized Wedbush's 70-year history of evolving alongside financial markets to support broker-dealers, fintech firms, and other market participants.

Rodrigo Parrode, Executive Vice President and Chief Operating Officer, said the platform was built to deliver fast, scalable solutions for dynamic markets. He added that Wedbush remains focused on providing the operational resilience and infrastructure clients need to compete as demand grows.

The company’s infrastructure is designed to handle significant retail trading volumes, including onboarding thousands of accounts per second and processing tens of thousands of transactions daily. The milestone underscores Wedbush’s position as a leader in multi-asset clearing and its ability to support emerging financial markets at scale.