The exchange filed to launch leveraged futures contracts tracking major equity indexes without requiring ownership of underlying assets.
Kalshi submitted an application to the U.S. Commodity Futures Trading Commission to introduce equity index perpetual futures. These contracts would enable traders to take leveraged long or short positions on benchmarks like the S&P 500 without holding the underlying shares.
The filing marks a push to expand derivatives offerings in U.S. markets, where perpetual futures are already traded on cryptocurrencies but remain rare for traditional equity indexes. No prior approval timeline or competitor filings for similar products were disclosed.
The CFTC has not commented on the application or indicated when a decision might be reached.