A few market-makers – Jump Trading and Susquehanna among them – are dabbling in prediction markets but most are holding off due to patchy liquidity and legal uncertainty
Join us on July 9th to explore the newly released Sovereign Climate Risk Ratings, and how investors and asset managers can use them for early identification of structural vulnerabilities within economies before they are priced into the market spread.
The first quarter of 2026 roiled the derivatives portfolios of top US banks, with credit, commodity and interest rate instruments surging. Credit default swap notionals surged both in terms of instruments sold and purchased, with rises of 28.2% and 23.7% to $2.97 trillion and $3.22 trillion, respectively, across the eight US global systemically important banks. These marked the highest levels since 2017.
QUOTE OF THE WEEK
Hard day’s night: Kalshi’s round-the-clock enforcement head
“I’ve dealt with clients who want to live in a universe where they don’t think regulations should apply to them at all, and that’s very much not the ethos at Kalshi” – Robert DeNault, Kalshi
15 Jun 2026
