The firm is providing two-sided liquidity across event contracts on leading prediction market venues, as the segment surpasses $60B in trading volume in 2026.

Wintermute, an algorithmic trading firm and OTC desk with over $3.5 trillion in annual trading volume, confirmed it is providing liquidity on prediction markets, extending the institutional-grade trading infrastructure it operates across 70+ exchanges into one of the fastest-growing segments in financial markets.

The firm is quoting two-sided markets across event contracts on leading venues, which collectively see more than $20 billion per month in trading volume, as of early 2026.

“Prediction markets have the demand profile of a major asset class but the liquidity profile of an early-stage one,” said Jake Ostrovskis, Head of OTC Trading at Wintermute. “For these markets to become a reliable real-time source of probability estimates, they need sustained two-sided liquidity. That depth tightens spreads, supports larger trade sizes, and in turn improves the signal embedded in market prices. That is where Wintermute can add value.”

Wintermute’s entry comes as prediction markets move from a niche forecasting tool into a broader venue for trading event risk. The firm is providing liquidity by posting continuous bid and offer prices across event contracts, helping reduce spreads, support larger trade sizes and improve the reliability of market-implied probabilities.

Wintermute sees the segment as significant because event contracts price real-world uncertainty directly, rather than through proxies such as equities, rates, currencies or crypto assets. For investors and institutions exposed to specific catalysts, from policy decisions to economic data releases, prediction markets can offer a more targeted way to express or hedge a view.

The market also overlaps with Wintermute’s existing expertise in digital-asset infrastructure. Several prediction market venues use stablecoins, public blockchains or crypto-native settlement systems, creating execution, custody, collateral and risk-management requirements similar to those Wintermute Group already manages across spot, derivatives, DeFi, and OTC crypto markets.

Source: Wintermute Group