Moomoo expands into prediction markets through Kalshi partnership
Key takeaways
- Event contracts are exchange-listed derivatives that allow traders to take positions on whether a specific outcome will occur.
- Prediction markets have exploded in popularity since the 2024 U.S. election, evolving from a niche forecasting tool into a fast-growing corner of the retail trading market.
- Platforms such as Kalshi and Polymarket have expanded beyond politics into sports, macroeconomic data and cultural events, attracting billions of dollars in trading volume.
Digital trading platform Moomoo said Thursday it had partnered with prediction market operator Kalshi to bring CFTC-regulated event contracts to eligible users, allowing them to trade on the outcomes of major economic, political and cultural events directly through the brokerage's platform.
The offering gives users access to contracts linked to events such as Federal Reserve interest-rate decisions, inflation data releases, elections and the 2026 FIFA World Cup, the New York-based company said in a press release.
Event contracts are exchange-listed derivatives that allow traders to take positions on whether a specific outcome will occur. Prices range from $0.01 to $1 and represent the market's implied probability of an event happening. The contracts are fully collateralized and integrated alongside Moomoo's existing equities, options and exchange-traded fund (ETF) offerings.