India’s central bank-supervised clearinghouse is making changes to its trade reporting system to bring it more in line with global standards and to make it easier for lenders to disclose their offshore rupee trades https://t.co/StLEEvH0No ...

Partnerships & Acquisitions - DraftKings acquired Railbird Technologies to enter the prediction market space [1] - Polymarket will handle clearing and settlement for DraftKings' new predictions market [1][2] Market Expansion & Strategy - DraftKings Predictions is expected to launch as a mobile app in the coming months, covering finance, entertainment, culture, and more [2] - DraftKings can leverage its distribution and brand recognition to potentially reshape the US predictions market [3] - Polymarket's clearinghouse expertise comes from its $112 million acquisition of QCEX in June, marking a major push into US derivatives [3] Market Trends & Performance - October's prediction markets are breaking records: over $463 billion traded in the first 23 days alone, smashing September's $417 billion [3] - Kalshi leads this month with $287 billion, its highest monthly total ever [3] - Polymarket minimizes risk for participants by ensuring trades are verified, collateral is secured, and contracts settle fairly [1]