Prediction Markets Report

The infrastructure behind prediction markets is growing. Oscar Levy, co-founder of River Markets, joins to discuss how he is building a prime broker for prediction markets. We also discuss market fragmentation, the role of intermediaries, and the advantages of trading event contracts.

Perpetuals are onshore and gaining traction. Jeff Bandman, CEO of Kalshi Prime, joins to discuss how perpetuals work, the expanding range of underlying assets, and the potential introduction of margin for prediction-market event contracts.

Prediction markets have created new challenges for companies, and employee trading is one issue compliance departments are facing right now. Steve Brown, Head of Business Development at StarCompliance, discusses how firms are approaching the challenge, including policies, pre-approval, and post-trade monitoring. He also discusses StarCompliance’s partnership with Kalshi and its software solution for monitoring employee prediction market trading.

NextPredict is the world’s largest prediction markets summit. Pierre Lindh, Co-Founder of NextPredict, joins to discuss the summit and its hedge with Kalshi and Susquehanna. He also explains why he believes the insurance industry will be the future battleground for prediction markets and discusses the tension between sports betting and prediction markets.

In this episode, Matt Vegh speaks with Josh Sterling, who represents Kalshi in various matters.The conversation covers the core legal issues, what could come next, and, of course, elephants, mice, and ducks. If you have been following the litigation, you know why these animals make an appearance. If not, listen to the episode to find out.Given the rapid developments, it is important to note that this episode was recorded on September 8.