Polymarket Traders Clash Over $345 Million Iran Peace Market

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Traffic moves past the Iranian national flag displayed on a building at Enghelab square in Tehran on June 14.

Source: AFP/Getty Images

A proposed deal to end hostilities between the US and Iran gave equities and bond traders a measure of relief on Monday. It also left prediction markets with a new headache.

Polymarket, one of the largest event betting exchanges, has hosted more than $345 million of trading on the question of whether and when the US and Iran would sign a peace deal.