Cantor Fitzgerald plans to offer Kalshi trading to institutional clients

Cantor Fitzgerald plans to offer Kalshi prediction market trading to about 3,000 institutional clients, including family offices and hedge funds, The Wall Street Journal reported. Clients will be able to trade event contracts tied to weather, commodities, and corporate earnings, while Susquehanna International Group will provide quotes and liquidity for the related trades. The newspaper said Cantor Fitzgerald would act as a broker to support clients’ large event-contract trades and could also distribute related positions to other investors through private negotiations. Kalshi has expanded its institutional client base in recent months and has already completed its first block trade this year, according to the report. It has also entered into a partnership with Interactive Brokers.