Kalshi has struck a multi‑year partnership with Nasdaq to deploy the exchange group’s market‑surveillance system across its prediction‑market venue multi-year partnership.
The integration will pair Nasdaq’s round‑the‑clock surveillance technology with Kalshi’s trading infrastructure to detect potential market abuse, manipulation and insider trading in real time and to help produce trade data in the format required by the Commodity Futures Trading Commission Integrating Nasdaq's round-the-clock surveillance platform, support delivering trade data to the Commodity Futures Trading Commission.
Nasdaq’s surveillance suite, which already serves more than 50 exchanges and 20 international regulators, will be rolled into Kalshi as the company expands its compliance and surveillance capability; Kalshi said it has been hiring into its surveillance unit this year and described the move as reinforcing market integrity, saying in a quote, "This deal reinforces Kalshi's commitment to market integrity," Max Crowley, vice president of business development, said serves over 50 exchanges and 20 international regulators, ramped up hiring in its surveillance unit.
Kalshi said the deployment will proceed in a phased approach across its platform as part of a broader push to build the clearing, data and compliance infrastructure needed to attract more institutional participation phased approach.
