Kalshi Offers to Cap Affiliate’s Activity Amid Conflict Concerns
Sportico.com ·
Kalshi informed the federal government Monday it is willing to cap the amount its subsidiary trading desk participates on its prediction market exchange at 5% of betting volume each quarter. The offer is an alternative to rules proposed by the Commodity Futures Trading Commission (CFTC) meant to curtail affiliated relationships like Kalshi’s where a company […]
Kalshi informed the federal government Monday it is willing to cap the amount its subsidiary trading desk participates on its prediction market exchange at 5% of betting volume each quarter. The offer is an alternative to rules proposed by the Commodity Futures Trading Commission (CFTC) meant to curtail affiliated relationships like Kalshi’s where a company […]