Cantor Fitzgerald & Co. has launched institutional trading for prediction markets, giving institutional clients access to block trading in event contracts on Kalshi, the leading U.S. Commodity Futures Trading Commission-regulated exchange.
The investment bank will act as an introducing broker, arranging and facilitating institutional-size block trades that allow clients to negotiate event contracts at a single price through Kalshi’s block trading framework, outside the central order book.
Cantor is also working with Susquehanna Predictions, part of Susquehanna International Group, to provide institutional-scale pricing and liquidity for its prediction-market offering.
The launch makes Cantor one of the first full-service investment banks to provide institutional clients with access to block trading in event contracts on a CFTC-regulated exchange.
Cantor said it is applying the institutional trading model it has developed across equities and fixed income to prediction markets, which it will handle through its Global Markets division.
The bank will initially facilitate block trades on Kalshi, with plans to add other venues.
“Cantor has spent more than eighty years building institutional access to new markets, and prediction markets are the next one,” said Pascal Bandelier, co-CEO and Global Head of Equities at Cantor. “Prediction markets are growing rapidly, but institutional participation has not kept pace because investors have lacked the ability to transact at scale on a regulated exchange.”
“The liquidity is here. With the launch of block trading, institutional investors can now access block trading in event contracts through an institutional intermediary they know and trust.”
The move comes as prediction markets expand beyond retail trading, with financial firms increasingly exploring event contracts as instruments for hedging and risk management.
Max Crowley, Vice President of Business Development at Kalshi, said Cantor’s institutional relationships and experience in equities and fixed income markets could help broaden the use of event contracts.
“We’re looking for partners who think creatively about where event contracts fit in a client’s portfolio, and who see the new use cases and hedging opportunities that come with it. Cantor is exactly that kind of firm,” he added.
Susquehanna Predictions, which operates as part of Susquehanna International Group, will provide liquidity for the offering. The company said it was the first quantitative trading firm to establish a dedicated prediction-markets business.
“We believe the next area of material growth for prediction markets will be large institutional risk transfer,” said Joe Grubb, Head of Business Development at Susquehanna Predictions.
“We are able to price and execute custom, tailored contracts for institutional counterparties desiring to hedge both general market and bespoke industry risk currently unserved by traditional insurance markets,” Grubb added. “Our ability to do so quickly and at scale will provide a valuable solution to this unmet market demand.”
Original article: https://www.yogonet.com/international/news/2026/08/19/125980-cantor-brings-institutional-block-trading-to-kalshi-prediction-markets
