Finance News

Story: Apex and Kalshi Team Up to Bring Event Contracts to 200 Broker Platforms

By Dan Saada

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How the Apex-Kalshi Integration Actually Works. The backend here is Apex's AscendOS APIs. Brokers connect through those, and Kalshi's marketplace…

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Tastytrade, IG Group, and the Bigger Picture. Tastytrade's move isn't happening in isolation. IG Group recently acquired Underdog, a U.S.

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The $1 Trillion Projection and What It Means for Brokers. Bernstein put out a projection that prediction-market volumes could hit $1 trillion by 2030.

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Apex Fintech Solutions just made it a lot easier for brokers to sell prediction market contracts.

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Tastytrade went first. The platform, owned by IG Group, is already live with the integration, giving its customers access to CFTC-regulated event contracts right inside their…

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The backend here is Apex's AscendOS APIs. Brokers connect through those, and Kalshi's marketplace shows up on their platform without each firm having to negotiate direct exchange…

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Event contracts are regulated derivatives. That matters. It means brokers can't just flip a switch and start offering them the way they might add a new stock screener.

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The unified view is genuinely useful for retail traders. Instead of downloading a separate prediction market app and managing another account, a customer can just see their event…

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Tastytrade's move isn't happening in isolation. IG Group recently acquired Underdog, a U.S. fantasy sports and prediction-markets operator, in a deal valued at up to $1.3 billion.

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Apex itself serves nearly 200 firms. That list includes Webull, eToro US, Stash, and Ally Invest.

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Read also: Connecticut Judge Rules Kalshis Sports Contracts Fall Outside CFTCs Reach

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Kalshi is the only venue available through the service right now. Apex has said it may add more venues if demand warrants it. No timeline, no specific names.

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Bernstein put out a projection that prediction-market volumes could hit $1 trillion by 2030. Big number. It comes with a caveat — regulatory clarity is listed as a condition.

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But brokers don't need to believe in the $1 trillion figure to see value here. If even a modest slice of retail traders want access to event contracts, and those traders are…

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And the retail trading industry has been hunting for new products. Zero-commission equity trading compressed margins hard. Options helped. Crypto helped, then got complicated.

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