Cantor Fitzgerald to Offer Kalshi Prediction-Market Trading to 3,000 Institutional Clients
JH Kim
Summary
- Cantor Fitzgerald plans to offer prediction-market trading services through Kalshi to about 3,000 institutional clients.
- Susquehanna International Group, Kalshi's market maker, will provide pricing and liquidity, while Cantor Fitzgerald will serve as broker.
- Cantor Fitzgerald's co-CEO said prediction markets are growing quickly, but institutional investors had struggled to place large trades on regulated exchanges until sufficient liquidity became available.
Forecast Trend Report by Period
Cantor Fitzgerald plans to offer large-scale prediction-market trading through Kalshi to about 3,000 institutional clients.
CoinDesk reported on Aug. 19 that Susquehanna International Group, a market maker on Kalshi, will provide pricing and liquidity. Cantor Fitzgerald will serve as broker, helping institutional clients prepare and execute trades.
"Prediction markets are growing rapidly, but institutional investors have lagged because it has been difficult to execute large trades on regulated exchanges," Pascal Bandelier, Cantor Fitzgerald's co-chief executive officer and head of global equities, said. "Now there is sufficient liquidity."
JH Kim
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