The prediction markets platform partners with Nasdaq to enhance real-time monitoring of trading activity following regulatory scrutiny.
Kalshi announced a multi-year partnership with Nasdaq to integrate its market surveillance technology, aiming to bolster oversight of trading on its platform. The move follows heightened regulatory scrutiny over insider trading and market manipulation in prediction markets.
The phased implementation will combine Kalshi’s existing systems with Nasdaq’s enhanced capabilities, enabling 24/7 monitoring for potential abuse. The technology will also streamline data reporting to the Commodity Futures Trading Commission, which recently fined a former lawmaker $35,000 for alleged manipulative trading on Kalshi.
Regulators are investigating additional cases, including a White House staffer accused of insider trading on the platform. The partnership underscores efforts to address compliance risks in the growing prediction markets sector.