TT Kalshi connectivity is set to go live in the third quarter, giving Trading Technologies clients access to US-regulated prediction markets through the TT platform. The company said it will start with Kalshi. Trading Technologies added that client demand drove the move.
The platform provider, based in Chicago and London, said the launch brings prediction markets closer to institutional trading flow. Its software already serves banks, hedge funds, and proprietary firms. In addition, TT offers trading tools across futures and options, fixed income, foreign exchange, and cryptocurrencies.
TT Kalshi Connectivity Expands Product Range
By adding Kalshi, Trading Technologies extends its offering to event contracts. These contracts pay out on yes-or-no questions tied to elections, economic data, and other outcomes. Alun Green said clients will receive the same trading tools they use in other asset classes.
Green, the firm’s executive vice president and managing director for futures and options, also said TT has seen increased institutional demand for these markets. Meanwhile, TT said its order and execution management tools are already used by institutional desks across listed derivatives. The company also noted its broad sell-side reach.
Goldman Sachs agreed last year to distribute the TT platform to its client base. TT has also expanded through deals including its tie-up with prime broker Hidden Road. As a result, the Kalshi link adds a new market to an established institutional network.
Kalshi Pushes Further Into Institutions
Kalshi describes itself as the world’s largest federally regulated prediction market. The exchange captured about 60% of sector volume as regulated venues gained share from offshore rivals. Andy Ross said the TT integration helps build the core infrastructure needed to become a next-generation derivatives exchange.
Kalshi has also expanded its derivatives push. It raised $1 billion at a $22 billion valuation and set aside part of that funding for block trading and institutional integrations. Additionally, it won approval to introduce margin trading, which lets clients trade event contracts without posting full collateral upfront.
The TT announcement followed events in Chicago and New York for sell-side and buy-side leaders. Representatives from Cboe, ElectronX, GFO-X, MIAX, Rothera, and Kalshi took part. Those sessions covered institutional adoption, regulation, and the use of prediction markets in risk management.
Green said Kalshi would be the first of many regulated prediction markets to come.
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