Prediction platform Kalshi to collect job details to combat insider trading
Key takeaways
- Prediction platform says it will seek employment information for markets at ‘heightened’ risk of manipulation.
- Kalshi said its new “market integrity measures” also included a scoring system to determine the risk levels of different markets and a dedicated 24/7 channel for receiving whistleblower reports.
- The New York-based firm said it implemented the measures in response to the findings of its Independent Surveillance Audit Committee, launched in February.
Why this matters: an international story with cross-border implications worth tracking.
Prediction platform says it will seek employment information for markets at ‘heightened’ risk of manipulation.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Screens display the logo of United States-based prediction market platform Kalshi, on April 29, 2026 [Martin Lelievre/AFP]By John Power Published On 10 Jun 202610 Jun 2026Prediction market company Kalshi has announced a series of measures to prevent insider trading following allegations of market manipulation on the platform and rival sites, including a requirement that some users disclose their employment details.
Kalshi, which allows users to bet on future events ranging from sports fixtures to elections and wars, said on Tuesday that it had started collecting job information for markets deemed to be at heightened risk of manipulation to screen out users with non-public knowledge.