The prediction market platform Kalshi submitted an application to federal regulators on Tuesday, hoping to be approved to provide leveraged trading for the event contract. Leveraged trading is a mature practice in the Wall Street stock and futures market. The application was submitted by Kalshi Klear, Kalshi's internal clearing house, to the US Commodity Futures Trading Commission, the federal supervisory authority for the incident contract. As the forecasting market continues to seek institutional funding, this is the company's latest business promotion move. A Kalshi spokesperson said that if the application is approved, contracts that can use margin trading are only open to self-clearing members who meet specific capital requirements and are directly connected to Kalshi Klear.

The prediction market platform Kalshi submitted an application to federal regulators on Tuesday, hoping to be approved to provide leveraged trading for the event contract. Leveraged trading is a mature practice in the Wall Street stock and futures market. The application was submitted by Kalshi Klear, Kalshi's internal clearing house, to the US Commodity Futures Trading Commission, the federal supervisory authority for the incident contract. As the forecasting market continues to seek institutional funding, this is the company's latest business promotion move. A Kalshi spokesperson said that if the application is approved, contracts that can use margin trading are only open to self-clearing members who meet specific capital requirements and are directly connected to Kalshi Klear.