Business

Kalshi files for S&P 500 perpetual futures in challenge to traditional exchanges

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Prediction market startup Kalshi filed with the U.S. Commodity Futures Trading Commission (CFTC) on Tuesday to ​launch equity index perpetuals, a type of ‌futures contract that would let traders take leveraged long or short positions on stock market benchmarks such as the ​S&P 500 without owning the underlying shares.

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