Single stock futures are a new financial tool allowing investors to hedge or speculate on over 50 of the largest U.S. companies.

BGC sold its licenses to operate an exchange to Fanatics, which will now use it to list and trade its own prediction market contracts.

The partnership between Fanatics and BGC is intended to provide Fanatics with Wall Street liquidity and pricing support, while giving BGC exposure to retail clients and a new prediction market asset class for its institutional clients.