Bloomberg: Jump Trading expands its prediction market team and plans to continue hiring

Golden Finance reports that, according to disclosures by Bloomberg, high-frequency trading giant Jump Trading Group is stepping up its push into the prediction markets. Driven by major events such as the World Cup, prediction market trading volume has reached a new high. This year, Jump Trading has doubled the size of its prediction markets team to about 20 people and plans to keep hiring. Simon Johansen, head of prediction markets at Jump Trading, said the company believes prediction markets are gradually evolving from a marginalized product into an established part of the financial markets, and there is still significant room for growth in the future.
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