Cantor opens Kalshi prediction markets to thousands of institutional clients
Cantor Fitzgerald is providing its institutional clients access to Kalshi's regulated prediction markets. This move aims to bridge the gap between retail-focused betting platforms and professional financial hedging tools.
Why it matters
It signals the maturation of prediction markets as a legitimate asset class for institutional risk management and hedging.
The financial services firm said Wednesday that it plans to offer its roughly 3,000 institutional clients access to prediction markets trading on Kalshi , making it one of the first full-service investment banks to give institutional clients access to block trades in event contracts on a CFTC-regulated exchange.
Kalshi’s market maker Susquehanna International Group will provide pricing and liquidity, the company said in a statement, while Cantor will be the acting broker, helping clients arrange and execute the trades.
“Prediction markets are growing rapidly, but institutional participation has not kept pace because investors have lacked the ability to transact at scale on a regulated exchange,” Pascal Bandelier, co-CEO and global head of equities at Cantor, said in a statement. “The liquidity is here.”
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