TechFlow News: On February 20, according to Financefeeds, Tradeweb Markets Inc. (Nasdaq: TW), a Nasdaq-listed electronic trading platform operator, announced a strategic partnership with market operator Kalshi and acquired a minority stake in the company. The collaboration aims to broaden institutional investors’ access to Kalshi’s event-based market data and explore new infrastructure for trading event contracts via Tradeweb’s electronic platform.
Tradeweb’s average daily notional trading volume over the past four fiscal quarters exceeded $2.6 trillion. Initially, this partnership will focus on integrating Kalshi’s real-time event probabilities and related data into Tradeweb’s rates and credit platforms. The two parties also plan to jointly develop analytical tools that combine Kalshi’s event probabilities with Tradeweb’s pricing, liquidity, and macroeconomic datasets—enabling institutional participants to build predictive, pricing, and risk models that directly leverage traded event probabilities.
“Prediction markets are increasingly becoming a critical component of the trading environment, with the potential to serve as an indicator for institutions dynamically assessing macro risks and allocating capital more effectively,” said Billy Hult, CEO of Tradeweb.
