Millions of dollars poured into prediction markets on election night, trading on Democratic control of Congress and Texas governor’s race
Summary
Prediction markets experienced a massive surge in trading volume on election night as participants responded to midterm results. Financial activity peaked as market prices shifted toward Democratic control of Congress and the Texas gubernatorial race.
Election night showed how traders reacted in real time to midterm results, as trading activity surged and market prices shifted to Democrats on Nov. 3.
Source: Read the full story at US Top News and Analysis
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