News Explorer — Charles Schwab Plans Prediction Market Move, But Only for Financial Markets

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Apr 16, 5:26 pm

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Charles Schwab Plans Prediction Market Move, But Only for Financial Markets

Charles Schwab, with $11.8 trillion in client assets, is considering prediction markets but is cautious due to clients' lack of interest and concerns about gambling. Despite the rise of prediction markets in the financial sector, Schwab is not rushing to offer such products.

Charles Schwab, with $11.8 trillion in client assets, is considering prediction markets but is cautious due to clients' lack of interest and concerns about gambling. Despite the rise of prediction markets in the financial sector, Schwab is not rushing to offer such products.

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