Updated
Updated · Bloomberg · Apr 30
Kalshi limits trading hours on new crop contracts
Updated
Updated · Bloomberg · Apr 30

Kalshi limits trading hours on new crop contracts

2 articles · Updated · Bloomberg · Apr 30
  • The US prediction market said products tied to crops including corn and wheat will follow traditional exchange hours instead of trading around the clock.
  • The change came after objections from agriculture industry groups and derivatives exchanges over the planned contracts.
  • Kalshi generally offers 24/7 trading, but this concession narrows how its agricultural products will operate as scrutiny of event-style markets expands.
Kalshi restricted its 24/7 model for agriculture. Will financial innovation always have to yield to traditional industry stability?
As prediction markets face crackdowns, are they the future of finance or just a new frontier for high-tech gambling?
With courts split and states suing, what is the ultimate fate of event contracts: regulated asset or illegal bet?