Kalshi Seeks CFTC Approval to Allow Margin Trading
JH Kim
Summary
- Prediction-market platform Kalshi said it asked the US CFTC to allow margin trading for users.
- Kalshi said it requested CFTC approval to introduce margin trading on its platform.
- Kalshi said that if margin trading is approved, users will be able to build positions using both their own funds and borrowed money.
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Prediction-market platform Kalshi has asked the US Commodity Futures Trading Commission for approval to let users trade on margin.
CNBC reported on September 22 that Kalshi requested the CFTC's approval to introduce margin trading on its platform.
If approved, users would be able to build positions using both their own funds and borrowed money.
The CFTC has not disclosed whether it will approve the request or provided a timeline for its review.
JH Kim
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