SPGI · Earnings call · 2026Q3T · Full report

Prediction Markets Expansion

S&P Global Inc. · 2026-10-27 · Importance 34 · Surprise 42

Management said S&P DJI is pursuing opportunities to expand the addressable market for its intellectual property in prediction markets. The company sees potential to provide its indices for decision-resolution mechanisms in those markets and to create new indices using prediction-market data. Management described the space as nascent but said it sees substantial opportunity in both indices and data. It expects to develop these markets with existing partners including Cboe and CME, as well as through the announced Kalshi relationship.

Key facts

• S&P Global said it wants to partner with the companies with the greatest opportunity in prediction markets, describing Kalshi as the largest prediction market at the time of the call and also naming Cboe and CME as partners it intends to continue innovating with.