Tradeweb Markets has integrated real-time prediction market data from Kalshi directly into its institutional trading platform, giving brokers and asset managers access to event-driven probabilities alongside traditional fixed-income, credit, and equity data. The integration went live June 24, 2026, marking the first operational phase of a partnership announced earlier this year between Tradeweb and Kalshi, where Tradeweb holds a minority stake.
Institutional clients can now view market-implied probabilities for specific political, economic, and financial events within their existing workflows, eliminating the need to switch platforms. The integration includes Kalshi’s American Power Index, which consolidates probabilities across the US presidency, House, and Senate to gauge political risk. Future development will combine event probabilities with pricing, liquidity, and macroeconomic analytics.
The move allows traders to price specific event outcomes directly rather than relying on proxies like inflation swaps or rate futures to infer market expectations.
FXnCO Insight
Institutional adoption of prediction market data signals growing demand for event-driven risk tools integrated into core trading infrastructure rather than standalone platforms.
Source: Finance Magnates