FinancialsLive Wire · AI-collected

Kalshi Ties Up With Nasdaq to Bolster Trade Surveillance

3-line summary

  • Prediction markets platform Kalshi entered a multi-year partnership to adopt Nasdaq's market surveillance tool, aiming to strengthen monitoring of trading activity amid regulatory scrutiny, according to a Reuters report via Yahoo Finance.
  • The move follows a $35,000 CFTC fine against former Rep. George Santos over alleged manipulative trading on Kalshi and a separate investigation into a White House teleprompter operator over potential insider trading on the platform.

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