Kalshi adds trade surveillance amid $36B lawsuit

Kalshi has partnered with compliance technology provider Comply to help financial firms monitor employee activity on prediction markets as the platform expands its institutional business while fighting a multibillion-dollar lawsuit in New York. Summary Comply clients will be able to monitor employee trades placed through Kalshi’s prediction markets. The tools aim to detect possible trading based on material non-public information. Kalshi plans to extend the monitoring system to its proposed perpetual futures products. New York is seeking at least $36 billion from Kalshi in a separate lawsuit. Kalshi adds employee trade surveillance The partnership will integrate Kalshi trading data into Comply’s regulatory software, according to CNBC. Financial firms using the compliance platform will be able to track whether employees are trading event contracts and determine if those positions comply with internal policies. The monitoring tools are designed to help employers identify suspicious activity, including trades that may involve material non-public information. Companies can also use the system to enforce restrictions on contracts linked to events that employees could influence or know a...