Kalshi Approved to Operate as Futures Commission Merchant Through Kinetic Markets
According to Bloomberg, the approval lets Kalshi offer margin trading through affiliate Kinetic Markets LLC, a step aimed at improving capital efficiency and drawing institutional participation.
Summary
No Summary provided as the original text is short
Terms & Concepts
Futures commission merchant: A regulated firm that accepts and handles orders and customer funds for futures and related derivatives trading.
Margin trading: Trading with borrowed funds, allowing participants to post only part of a position’s full value.
Prediction market: A marketplace where participants trade on the outcome probabilities of future events.