FOREX.com has partnered with Kalshi, a regulated
platform allowing traders to bet on the outcome of political events like the US
Presidential Election. This collaboration focuses on event-driven trading by
offering traders a way to blend currency markets with political predictions.
Event-Based Markets
The partnership between FOREX.com and Kalshi, a
pioneer in event-based contracts, enables traders to trade based on the outcome
of the upcoming US Presidential Election. According to the official
announcement, FOREX.com clients express their political views through market
positions by accessing Kalshi’s platform.
Commenting about the partnership, Sixto Alonso,
Regional Director of FOREX.com Americas, said: “At FOREX.com, we remain
steadfast in our commitment to providing our clients with tools and products
that enhance their trading experience and broaden their ability to access
political and market events.”
“We consider this partnership to be just the start and plan to develop it further with other event-based promotions for our
clients.”
Kalshi Election Market
Through this partnership, FOREX.com clients reportedly
offer a $20 bonus when accessing Kalshi’s election market, subject to certain
conditions. Kalshi has reportedly witnessed over $100 million in
trading volume in under a month since legalizing election-based event contracts.
FOREX.com plans to roll out additional event-based promotions for its clients
in the future.
“As the first and largest regulated prediction market,
Kalshi’s vision is to bring this asset class mainstream. We are excited to
partner with FOREX.com to offer election markets to their hundreds of thousands
of customers,” Tarek Mansour, the founder of Kalshi, added.
Expect ongoing updates as this story evolves.
FOREX.com has partnered with Kalshi, a regulated
platform allowing traders to bet on the outcome of political events like the US
Presidential Election. This collaboration focuses on event-driven trading by
offering traders a way to blend currency markets with political predictions.
Event-Based Markets
The partnership between FOREX.com and Kalshi, a
pioneer in event-based contracts, enables traders to trade based on the outcome
of the upcoming US Presidential Election. According to the official
announcement, FOREX.com clients express their political views through market
positions by accessing Kalshi’s platform.
Commenting about the partnership, Sixto Alonso,
Regional Director of FOREX.com Americas, said: “At FOREX.com, we remain
steadfast in our commitment to providing our clients with tools and products
that enhance their trading experience and broaden their ability to access
political and market events.”
“We consider this partnership to be just the start and plan to develop it further with other event-based promotions for our
clients.”
Kalshi Election Market
Through this partnership, FOREX.com clients reportedly
offer a $20 bonus when accessing Kalshi’s election market, subject to certain
conditions. Kalshi has reportedly witnessed over $100 million in
trading volume in under a month since legalizing election-based event contracts.
FOREX.com plans to roll out additional event-based promotions for its clients
in the future.
“As the first and largest regulated prediction market,
Kalshi’s vision is to bring this asset class mainstream. We are excited to
partner with FOREX.com to offer election markets to their hundreds of thousands
of customers,” Tarek Mansour, the founder of Kalshi, added.
Expect ongoing updates as this story evolves.
This post is originally published on FINANCEMAGNATES.
