Cantor Fitzgerald to Facilitate Institutional Trading on Prediction Market Platform Kalshi
Cantor Fitzgerald is set to become one of the first investment firms offering institutional trading access to prediction market platform Kalshi for its clients, according to a recent announcement. The firm will act as a broker by organizing block trades in Kalshi's event contracts—large transactions typically executed outside public markets to avoid volatility. Susquehanna International Group is also involved, providing pricing and liquidity support as a market maker. This move aims to address the growing interest in prediction markets while overcoming institutional barriers such as limited scalability on regulated exchanges. Cantor Fitzgerald has already engaged with Kalshi for several months, seeking new opportunities like climate, weather, and economic indicator contracts tailored to client needs. The partnership reflects Kalshi's broader strategy to attract professional investors beyond its current retail-focused user base. Kalshi recently completed a block trade in April and is actively working on initiatives to make the platform more appealing to institutional participants. This development could signal increased legitimacy for prediction markets as an emerging asset class.
Topics: block_trades institutional_investors prediction_markets