{
  "id": 19476683,
  "title": "Prime brokers prepare to offer hedge funds access to Kalshi prediction markets",
  "url": "https://urgent.news/2026/11/11/prime-brokers-prepare-to-offer-hedge-funds-access-to-kalshi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T09:34:00.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://hedgeweek.com/news/prime-brokers-prepare-to-offer-hedge-funds-access-to-kalshi-prediction-markets"
  },
  "original_language": "en",
  "account": null,
  "summary": "Prime brokers Clear Street and Marex Group are preparing to offer hedge funds access to Kalshi prediction markets, as institutional demand for event-based trading contracts grows. Clear Street plans to begin clearing Kalshi trades in late March, while Marex anticipates introducing access within the following months. Both firms are responding to the increasing interest from large hedge funds, which have approached Marex specifically seeking access to the markets. Additionally, Marex is exploring the use of prediction contracts to hedge its own exposures, signaling potential applications beyond speculative trading. Kalshi CEO Tarek Mansour expects institutional participation to accelerate throughout 2026, highlighting the growing use of prediction market data by major financial news organizations. However, regulatory uncertainty remains a significant obstacle to broader institutional adoption, with US state regulators challenging prediction market operators over gambling laws and concerns about insider trading and regulatory treatment of event contracts prompting calls for clearer oversight. The Commodity Futures Trading Commission has asserted primary jurisdiction over prediction markets, while the Securities and Exchange Commission has also shown interest in the sector. The entry of established prime brokers like Clear Street and Marex could significantly expand hedge fund access to prediction markets, allowing institutional investors to incorporate event-driven contracts into existing trading and risk management strategies.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}