Cantor Fitzgerald Brings Block Trading to Kalshi as Wall Street Eyes Regulated Prediction Markets
Updated
Updated · CNBC · Aug 19
Cantor Fitzgerald Brings Block Trading to Kalshi as Wall Street Eyes Regulated Prediction Markets
3 articles · Updated · CNBC · Aug 19
Summary
Cantor Fitzgerald said it will let institutional clients trade Kalshi event contracts, becoming one of the first investment firms to offer scaled access to the prediction-market platform.
Cantor will act as broker for privately negotiated block trades, while Susquehanna International Group will provide pricing and liquidity as market maker for those transactions.
Kalshi said the setup addresses a key barrier to institutional adoption: investors have lacked a way to transact at size on a regulated exchange despite growing liquidity.
The firm can also ask Kalshi to create new markets for clients—subject to CFTC submission and sufficient liquidity—with climate, weather and economic-indicator contracts seen as likely areas of interest.
The deal extends Kalshi's push beyond retail traders, who have fueled its rise largely through sports contracts, after its first block trade in April and other 2026 efforts to court professional investors.