Could prediction markets go wholesale? Exchanges think so

Some venues are exploring demand for institution-focused product; others say wholesale users can play in retail space

In the fast-growing retail prediction markets run by Kalshi, Polymarket and others, some derivatives exchanges see potential for their institutional users.

Banks, prop traders, hedge funds and others are already using data from these markets to inform their own trading. The question exchanges are asking is whether such firms could be tempted to participate directly in prediction markets that are