PANews April 19 news, according to Cointelegraph, traditional financial giants Charles Schwab and Citadel Securities are both considering entering the prediction market.

Charles Schwab CEO Rick Wurster stated on a conference call, "I think at some point we are very likely to launch a prediction market." He added that when he recently asked a group of Charles Schwab clients about their views on prediction markets, they showed "not much interest," but the company would "seriously study" this field and that "it would be relatively easy for us to offer prediction market services."

Meanwhile, the president of Citadel Securities stated at the Semafor conference held in Washington, D.C., that the company "will definitely keep a close eye" on the developments in the prediction market. "We are not there yet, the liquidity is not strong enough," but indicated that the market could "gradually scale up," and market makers "could certainly consider" participating in it.

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