Trading Technologies to Enter Prediction Markets with Support for Trade Execution on Kalshi

§ 01 Executive Snapshot

• What: Trading Technologies will support trade execution on U.S.-regulated prediction markets, starting with Kalshi.
• Who: Trading Technologies International, Inc. (TT) and Kalshi.
• Why it matters: This integration signifies the growing institutional interest in prediction markets and aims to enhance the trading capabilities available to clients.

§ 02 Key Developments

• Trading Technologies is set to enable execution on Kalshi, the world’s largest federally regulated prediction market.
• The trading connectivity to Kalshi is expected to go live on the TT platform in the third quarter of 2026.
• The announcement follows exclusive TT Exchange Spotlight events featuring discussions on the event contract landscape and institutional adoption of prediction markets.

§ 03 Strategic Context

• The partnership between TT and Kalshi reflects a broader trend of increasing institutional demand for prediction markets as viable trading venues.
• Prediction markets are evolving to become integral to risk management and trading strategies, further legitimizing their role in the financial ecosystem.

§ 04 Strategic Implications

• The immediate consequence is the enhancement of TT’s platform with advanced trading functionalities tailored for prediction markets, which could attract more institutional clients.
• Long-term, this could position prediction markets as a mainstream asset class, potentially altering trading strategies across various sectors.

§ 05 Risks & Constraints

• Potential regulatory challenges could arise as prediction markets operate in a complex legal landscape.
• Competition from other trading platforms and the need for robust infrastructure to support increased trading volume may pose execution risks.

§ 06 Watchlist / Forward Signals

• The launch of trade execution on Kalshi in the third quarter of 2026 will be a key milestone to monitor.
• Future developments that enhance market infrastructure or regulatory clarity will indicate the success or expansion of prediction markets in institutional trading.