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Kalshi Files to Enable 'Block Trading' for Certain Prediction Markets

Approval would help prediction markets accommodate institutional volumes.
Kalshi Files to Enable 'Block Trading' for Certain Prediction Markets
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Prediction market Kalshi just submitted a new filing to CFTC, imploring the federal derivatives regulator for approval to execute block trades.

What's the Scoop?

  • New Request: Kalshi is seeking the CFTC's approval to enable "block trades," a type of privately negotiated transaction for large orders that occurs outside of the public order book. Such functionality would be helpful, if not necessary, for large institutions to hedge risk in size through prediction markets.
  • Registration Requirements: Only registered commodity trading advisors (CTAs) or equivalent foreign investment advisors with more than $25M in assets under custody will be eligible to participate in block trades. All block trades must be reported to Kalshi within a defined time period for subsequent publication.

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Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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