Prediction Markets Make Innovation Inevitable

This episode is sponsored by Fidelity Investments and the all-new Fidelity Trader+ platform.

Try Fidelity’s most powerful trading experience yet: Fidelity.com/TraderPlus⁠

Fidelity Investments and Risk Reversal are not affiliated. Views, opinions, products, services, and strategies discussed are not endorsed or promoted by Fidelity Investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC.

Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors. The company provides essential infrastructure and a comprehensive ecosystem of cloud-based products to enable and streamline trading, wealth management, cost basis, tax reporting, and, through its subsidiary Apex Clearing™, custody and clearing.

LEARN MORE: https://apexfintechsolutions.com/?utm_source=Risk+Reversal&utm_medium=Podcast&utm_campaign=701PJ00000fnXhaYAE

Dan Nathan and Guy Adami recap the Apex Innovation Summit in Austin ahead of an interview with Peak6/Apex founders Jenny Just and Matt Hulsizer. They discuss midterm-election market reactions, a sharp two-day rotation and selloff led by AI-centric stocks and semiconductors (including major declines in Nvidia and the SOXX/SMH), widening stress in “neocloud” names like CoreWeave, and high volatility spilling into banks and private-credit-related financials. They review an October jobs report print of 165,000 versus an estimate near 70,000, its impact on yields, and how the Fed’s inflation fight could be complicated by an AI-trade slowdown. In the interview, Just and Hulsizer cover innovation such as prediction markets, 24/7 trading, fractional options, liquidity provision, investing in founders and culture, “Poker Power” and risk-taking, and Apex’s stock-rewards loyalty programs.

Show Notes

• Trump’s Trouncing Gives Warsh Room for Maneuver on Rates (Bloomberg)

—
FOLLOW US
YouTube: @RiskReversalMedia
Instagram: @riskreversalmedia
Twitter: @RiskReversal
LinkedIn: RiskReversal Media

The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal.

Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.

Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.