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Prediction Markets Are Becoming Retail Trading’s Next Dangerous Game

Two industries — retail trading and prediction markets — are growing at extraordinary speed, capturing the time and money of millions of people, wrapped in the language of empowerment and democratization. They look different on the surface. But spend any time with both, and a striking picture emerges: they share the same user base, the same psychological architecture, and the same uncomfortable gap between how they are marketed and what they actually deliver.

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Daniel Schlaepfer 9 June 2026
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Daniel Schlaepfer, CFA

President and CEO
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Daniel Schlaepfer is the President and CEO of Select Vantage Inc (SVI), and its affiliates Select Vantage Canada Inc, Select Vantage Ontario Inc and Elite Vantage Placement Ltd. SVI is a global leader in electronic market-making, employing over 2,500 staff in 39 countries. On any given day, the firm can trade over US$3 billion a day on global stock markets.

Educated in Canada, Daniel received an MBA from the John Molson School of Business, Goodman Institute of Investment Management at Concordia University, and a Bachelor of Commerce from the Rotman School of Management at the University of Toronto. He is a CFA charter holder and passed the FINRA series 7 and 24 exams as well as CSI courses, CSC and PDO.

In 2019 Daniel was named to Canada’s Top 40 under 40 list and Concordia University’s Top 50 under 50 alumni shaping business in Canada. Between 2019-2023, he served two consecutive terms as a member of the Ontario Securities Commission’s Market Structure Advisory Committee (MSAC), a forum that discusses issues associated with market structure and marketplace operations in the Canadian markets.