Virtu Starts Trading on Kalshi as Event Bets Draw in Wall Street
The firm is approaching prediction markets in the same way it handles other assets including equities and exchange-traded funds.
Photographer: Tiffany Hagler-Geard/BloombergVirtu Financial is joining a small but growing list of institutional market-making firms trading on prediction markets, according to people familiar with the matter.
The New York-based firm has started pricing and trading event contracts offered by exchanges including Kalshi Inc. and CME Group Inc., said the people, who asked not to be identified because the information is confidential.