Kalshi Seeks CFTC Approval to Offer Margin Trading
JH Kim
Summary
- Prediction market platform Kalshi has asked the U.S. CFTC to allow margin trading so users can trade with borrowed funds.
- According to CNBC, Kalshi requested CFTC approval to introduce margin trading on its platform.
- If margin trading is approved, users will be able to build positions using borrowed money as well as their own funds, and the CFTC has not disclosed whether it will approve the request or provide a review timeline.
Forecast Trend Report by Period
Prediction market platform Kalshi has asked the U.S. Commodity Futures Trading Commission to allow margin trading, which would let users trade with borrowed funds.
CNBC reported on September 22 that Kalshi had sought the CFTC's approval to introduce margin trading on its platform.
If approved, users would be able to build positions with borrowed money as well as their own funds.
The CFTC has not disclosed whether it will approve the request or provided a review timeline.
JH Kim
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