Prediction Markets & Betting

Today in Prediction Markets & Betting· Nov 12

Kalshi won CFTC approval to offer perpetual contracts on individual stocks, enabling retail traders to take synthetic short positions without borrowing shares or paying traditional short-selling fees. The lower friction and capital requirements will expand retail access to bearish bets on equities. Clearinghouses have sued over the platform's unregulated stock and crypto wagering offerings, challenging whether these instruments fall under CFTC jurisdiction or operate outside regulatory bounds. The approval creates a new leverage point in equity markets by democratizing downside speculation among retail participants.