Kalshi seeks CFTC approval for stock index and copper perpetual futures

Kalshi perpetual futures prediction markets Cantor Fitzgerald CFTC

Kalshi is expanding its financial offerings by filing with the Commodity Futures Trading Commission (CFTC) to launch perpetual futures contracts tied to a major U.S. stock index and copper prices. The proposed US500 contract would track the MerQube US Large Cap Index, while the COPPERPERP contract would track copper spot prices using the Pyth Network. These perpetual contracts lack a fixed expiration date, distinguishing them from traditional futures.

Simultaneously, Cantor Fitzgerald has announced a strategic initiative to bring Kalshi’s prediction markets to institutional investors. Acting as an introducing broker, Cantor Fitzgerald will facilitate large-volume block trades for approximately 3,000 institutional clients, including hedge funds. Susquehanna International Group will serve as the primary liquidity provider, offering institutional-scale pricing for these event-based contracts.

In a separate regulatory development, Kalshi has temporarily paused its sports mention markets following a CFTC review. This follows concerns from organizations like the NFL and MLB regarding the potential for market manipulation of commentator speech during live events.

Entities

CME Group · Cantor Fitzgerald · Commodity Futures Trading Commission · Kalshi · MerQube · Susquehanna International Group

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Kalshi has paused its sports mention markets due to a CFTC review. www.brasilemfolhas.com.br
[● 3 SOURCES] Susquehanna International Group will provide pricing and liquidity support for Cantor Fitzgerald's institutional Kalshi trades. unchainedcrypto.com · www.pymnts.com
[● 4 SOURCES] Kalshi filed for a copper perpetual contract tracking spot prices in dollars per pound using Pyth Network. johnlothiannews.com · defirate.com · www.blocktempo.com · news.bitcoin.com
[● 3 SOURCES] The proposed US500 perpetual contract would track the MerQube US Large Cap Index. defirate.com · www.blocktempo.com · news.bitcoin.com
[● 3 SOURCES] Cantor Fitzgerald is launching institutional block trading for event contracts on Kalshi. unchainedcrypto.com · www.pymnts.com
[● 4 SOURCES] Kalshi filed with the CFTC to launch perpetual futures tied to a major U.S. stock index and copper. johnlothiannews.com · defirate.com · www.blocktempo.com · news.bitcoin.com