Kalshi and LedgerX advance to next step of launching new event contracts exchange

LedgerX
LedgerX
Sep 8, 2020 · 2 min read

The CFTC announced it has approved LedgerX to clear fully-collateralized futures, options on futures, and swaps, which includes contracts that will be offered on Kalshi, a marketplace for trading contracts based on discrete events, subject to CFTC approval.

“We’re pleased that the CFTC has taken this action, which allows LedgerX to clear a wider variety of products,” said Zach Dexter, CEO and Co-Founder of LedgerX. “We’re excited that we’ll be able to offer our clearinghouse services to Kalshi, subject to Kalshi’s Designated Contract Market approval from the CFTC. Their innovative market for discrete event contracts will expand the investment universe for all types of investors.”

“This is an important step for Kalshi,” said Tarek Mansour, CEO and Co-Founder of Kalshi. “With a clearinghouse partner now approved, we look forward to working together to create an innovative, safe and transparent marketplace for event contracts that will allow investors to invest directly in events — or to hedge risk related to events — that matter to them in a straightforward manner.”

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LedgerX Announcements

LedgerX is the first and only US regulated exchange to feature Minis, which enable individuals to buy and sell swaps, options and futures covering just 1% of a bitcoin. The platform is available 24x7x365 to all US residents.

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LedgerX

LedgerX Announcements

LedgerX is the first and only US regulated exchange to feature Minis, which enable individuals to buy and sell swaps, options and futures covering just 1% of a bitcoin. The platform is available 24x7x365 to all US residents.