cme prediction market

A **CME prediction market** refers to a type of market operated or facilitated by the **Chicago Mercantile Exchange (CME)** in which participants trade contracts that reflect the market’s expectations of future events or outcomes. These contracts function similarly to derivatives, where prices represent collective predictions about an event—such as interest rate decisions, commodity prices, or economic indicators. Unlike informal prediction markets (e.g., those used for forecasting elections), CME markets are regulated financial instruments and typically focus on measurable financial variables rather than subjective or non-financial events.