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New CFTC Proposal Attempts to Ban Political Wagering

New CFTC Proposal Attempts to Ban Political Wagering
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Kalshi Onboards Its First Dedicated Institutional Market Maker

Kalshi Onboards Its First Dedicated Institutional Market Maker
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Susquehanna Starts Trading Desk for Event Contracts on Kalshi

Susquehanna Starts Trading Desk for Event Contracts on Kalshi
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Some companies want to bet on US elections. Not everyone agrees.

Critics are concerned platforms like Kalshi’s plans to offer bets on upcoming elections could sway the outcome.

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The Betting on the Presidential Election Has Begun

Financial journalists love Wall Street aphorisms. I use them whenever I can. “Don’t fight the Fed” has been handy this year. “The stock market climbs a wall of worry” is useful whenever investors are fretting. Sign up for The Morning newsletter from the New York Times Here’s one I’ve never been able to drop into an article — not yet, anyway: “It is an old axiom in the financial district that Wall Street betting odds are ‘never wrong.’” But nearly a century ago, on Sept. 28, 1924, one of my anony

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