Updated
Updated · CNBC · Jun 4
Kalshi Builds Bloomberg-Like Trading Terminal, Extending Beyond 24-Hour Prediction Market Data
Updated
Updated · CNBC · Jun 4

Kalshi Builds Bloomberg-Like Trading Terminal, Extending Beyond 24-Hour Prediction Market Data

3 articles · Updated · CNBC · Jun 4

Summary

  • Kalshi is alpha-testing a terminal-style interface for its most active retail traders, giving them a single workspace to track prediction markets and manage multiple positions.
  • The product shows 24-hour contract volumes, live trade flow and individual order books, while letting users customize portfolio views and cut friction when placing trades.
  • The company is building it for high-engagement traders known as “sharps,” who now rely on custom workflows; the source said Kalshi has not set a launch timeline or decided how to monetize it.
  • The push comes as Kalshi broadens its product suite: it won approval Friday to offer crypto perpetual futures after launching its American Power Index a day earlier, and the terminal could later add research, external data and other asset classes.

Insights

With AI traders and insider trading risks growing, can regulators effectively police Kalshi's new high-speed trading platform?
Kalshi's new terminal helps pros win. Who must lose for its billion-dollar business model to keep working?