KalshiEx LLC (“Kalshi”), the pioneering federally regulated exchange dedicated to event outcome trading, has announced the integration of its first dedicated institutional market maker into the ecosystem, Susquehanna Government Products, LLLP, a member of the esteemed Susquehanna International Group of Companies (“SIG”).
Dave Pollard, SIG’s Head of Strategic Planning, expressed the company’s enthusiasm for supporting the advancement of event contracts by offering liquidity to Kalshi’s groundbreaking ecosystem.
“Kalshi’s unique position in ushering this next-generation asset class forward aligns with our commitment to providing greater choice and opportunity to investors,” Pollard stated.
The collaboration between Kalshi and SIG signifies a significant milestone for Kalshi and prediction markets at large, marking the introduction of an institutional market maker to the exchange.
It also signifies the first occasion in which a top-tier market maker has partnered with an exchange solely dedicated to event contract trading.
Tarek Mansour, co-founder and CEO of Kalshi, highlighted the historical challenges faced by prediction markets in terms of regulation and liquidity. “Kalshi’s regulatory approval has legitimized event trading as a credible asset class.
This transformative development heralds a new era,” Mansour commented. “I am thrilled to collaborate with an industry-leading liquidity provider that shares our vision of mainstreaming event contracts.”
Susquehanna Government Products, LLLP, a constituent of the Susquehanna International Group of Companies (SIG), operates as one of several trading and investment entities within SIG.
Established in 1987, SIG stands as one of the world’s largest privately-held financial services firms.
With over 2,900 employees worldwide and offices spanning across North America, Dublin, Sydney, Tokyo, and Shanghai, SIG remains at the forefront of the financial services industry.
