Market Makers Can Access Kalshi Through Existing Talos Trading Workflows

Wednesday, 22/07/2026 | 14:05 GMT by Tanya Chepkova
  • Market makers and hedge funds using Talos can now trade Kalshi's prediction markets and US-regulated crypto perpetuals without building a separate connection.
  • The rollout also gives firms access to algorithmic execution, RFQ block trading and multi-leg strategies, with broker distribution planned for later this year.
Advertising for Kalshi promoting their service for betting in the NYC Mayoral election in New York
Advertising for Kalshi promoting their service for betting in the NYC Mayoral election in New York

Market makers and hedge funds using Talos can now access Kalshi's prediction markets and US-regulated crypto perpetuals through the same trading environment they already use for digital assets. The integration removes the need to establish a separate connection to the exchange.

Eligible institutional clients can route orders to Kalshi through their current trading setup, allowing them to add another execution venue without changing established execution and risk-management processes.

Existing Trading Tools, New Markets

The rollout allows trading firms to apply familiar execution methods to Kalshi's markets without undertaking a dedicated technical project. Clients can access the exchange using the same order management processes they already use across digital asset venues.

The integration also enables firms to automate execution strategies, negotiate larger transactions through request-for-quote (RFQ) workflows and execute multi-leg trades from a single interface.

These capabilities allow participants to incorporate Kalshi alongside other markets without adapting trading operations to a separate system.

Kalshi launched US-regulated crypto perpetual futures earlier this year, expanding beyond its core prediction markets business. According to the companies, support for spreads between prediction markets and perpetuals is planned for a later phase.

Andy Ross, Head of Institutional at Kalshi. Source: LinkedIn
Andy Ross, Head of Institutional at Kalshi. Source: LinkedIn

Broker Distribution Planned

Later this year, Talos intends to extend its dealer software so brokers and trading platforms can distribute Kalshi event contracts to their own clients, subject to local regulatory requirements.

The roadmap also includes a unified prediction-market data feed, allowing clients to access standardised pricing and trading data alongside other supported venues through the same interface.

"As institutional interest in prediction markets accelerates, Kalshi's regulatory standing as a CFTC-regulated exchange makes it a natural venue for that demand," said Andy Ross, Head of Institutional at Kalshi.

The next phase of the rollout broadens the focus beyond institutional execution, with broker distribution and standardised market data aimed at supporting wider adoption of prediction-market products across trading platforms.

Market makers and hedge funds using Talos can now access Kalshi's prediction markets and US-regulated crypto perpetuals through the same trading environment they already use for digital assets. The integration removes the need to establish a separate connection to the exchange.

Eligible institutional clients can route orders to Kalshi through their current trading setup, allowing them to add another execution venue without changing established execution and risk-management processes.

Existing Trading Tools, New Markets

The rollout allows trading firms to apply familiar execution methods to Kalshi's markets without undertaking a dedicated technical project. Clients can access the exchange using the same order management processes they already use across digital asset venues.

The integration also enables firms to automate execution strategies, negotiate larger transactions through request-for-quote (RFQ) workflows and execute multi-leg trades from a single interface.

These capabilities allow participants to incorporate Kalshi alongside other markets without adapting trading operations to a separate system.

Kalshi launched US-regulated crypto perpetual futures earlier this year, expanding beyond its core prediction markets business. According to the companies, support for spreads between prediction markets and perpetuals is planned for a later phase.

Andy Ross, Head of Institutional at Kalshi. Source: LinkedIn
Andy Ross, Head of Institutional at Kalshi. Source: LinkedIn

Broker Distribution Planned

Later this year, Talos intends to extend its dealer software so brokers and trading platforms can distribute Kalshi event contracts to their own clients, subject to local regulatory requirements.

The roadmap also includes a unified prediction-market data feed, allowing clients to access standardised pricing and trading data alongside other supported venues through the same interface.

"As institutional interest in prediction markets accelerates, Kalshi's regulatory standing as a CFTC-regulated exchange makes it a natural venue for that demand," said Andy Ross, Head of Institutional at Kalshi.

The next phase of the rollout broadens the focus beyond institutional execution, with broker distribution and standardised market data aimed at supporting wider adoption of prediction-market products across trading platforms.

About the Author: Tanya Chepkova
Tanya Chepkova
  • 305 Articles
  • 2 Followers
About the Author: Tanya Chepkova
Tanya Chepkova is a News Editor at Finance Magnates with more than 16 years of experience in financial journalism, covering forex, crypto, and digital asset markets. Her work spans daily industry reporting and data-driven, long-form explainers focused on market structure, trading models, and regulatory shifts. Before joining Finance Magnates, she led the editorial team of a cryptocurrency-focused media outlet for six years. Her reporting combines analytical depth with clear storytelling, with particular attention to how structural changes in trading, stablecoin infrastructure, and emerging products such as prediction markets reshape the broader financial ecosystem. She covers global developments and provides additional insight into CIS markets. Areas of Coverage: Crypto and digital asset markets Prediction markets Stablecoins and cross-border payments Industry analysis and long-form explainers
  • 305 Articles
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