Kalshi says it will begin collecting customer employment information from users trading in selected “high-risk” prediction markets. According to reporting from The Independent and the Washington Times, the platform’s change is tied to markets the company identifies as having heightened risk of insider trading. Kalshi says it will request employment details from customers participating in those specific markets, implementing additional information-gathering as part of its risk controls. The disclosures describe this as a step the company is taking for certain categories of trades rather than across its entire platform. The exact scope of which markets are classified as high-risk and the specific employment data fields being requested were not detailed in the provided excerpts. Overall, the sources agree that Kalshi is expanding its customer information collection for trading in particular markets it considers more vulnerable to misuse of non-public information.
Kalshi to collect customer employment information for some high-risk prediction markets
Kalshi says it will begin collecting customer employment information from users trading in selected “high-risk” prediction markets. According to reporting from The Independent and the Washington Times...
- Kalshi will start collecting customer employment information for certain prediction markets.
- The additional data collection applies to markets Kalshi identifies as high-risk.
- The stated rationale is heightened risk of insider trading.
- The change is limited to specific markets rather than described as platform-wide in the provided reports.
The prediction market platform Kalshi will start collecting customer employment information for trading in certain markets that are at heightened risk of insider trading, the company said.
2 months agoKalshi will start collecting customer employment information for trading in certain high-risk markets
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