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Bloomberg: Jump Trading's Market Forecasting Team Has Doubled in Size and Plans to Continue Hiring
Svmuu News: High-frequency trading giant Jump Trading Group is ramping up its presence in the prediction markets sector. As major events such as the World Cup have driven prediction market trading volume to record highs, Jump Trading has doubled the size of its prediction markets team this year to about 20 people and plans to continue hiring. Simon Johansen, head of prediction markets at Jump Trading, said the company believes prediction markets are gradually evolving from a niche product into a mature financial market, with significant room for future growth. (Bloomberg)
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