The Currency analytics
By dan saada
Prediction markets got real tools this week. Leverate dropped a white-label platform that lets brokers offer event contracts without building anything in-house, promising a…
Devexperts jumped in too, rolling out infrastructure for CFD brokers who want to add event contracts to their existing platforms.
The exchange partnered with Tradeweb Markets to push its event contracts into mainstream distribution channels.
Numbers back up the growth story. Kalshi's notional volume hit $8.1 billion by February 22, with daily trades averaging around $370 million. They're projecting $10.
Regulators dropped a warning about insider trading and fraud in prediction markets. The Commodity Futures Trading Commission called out specific cases where KalshiEX users traded…
Product classification remains murky though. Some event contracts look suspiciously like banned binary options, which creates jurisdictional headaches for brokers.
Leverate's white-label solution caught attention from brokers looking to diversify fast. The platform promises easy integration - no development team needed, just plug and play.
The DriveWealth partnership, announced February 15, aims to integrate event contracts into DriveWealth's API-first architecture.
Andy Ross brings serious credibility to Kalshi's institutional efforts. His background at Standard Chartered and CurveGlobal gives him deep connections in traditional finance.
Tradeweb's involvement adds another layer of legitimacy. The fixed-income trading platform has established relationships with major banks and asset managers.
Tarek Mansour, Kalshi's co-founder, acknowledged the CFTC advisory on February 25. He emphasized transparency and ethical trading practices, which sounds like damage control but…
The CFTC's warning wasn't subtle. They're clearly concerned about market manipulation and insider trading in prediction markets.
Volume growth continues despite regulatory uncertainty. Daily trading on Kalshi often exceeds $370 million now, with some days hitting much higher numbers around major events.
Brokers face a tough choice. The revenue potential looks real, but regulatory risks are climbing.
The CFTC's enforcement actions targeted specific patterns of abuse. Agency officials identified cases where traders used non-public information about corporate earnings,…