Kalshi To Collect Employment Info From Customers Trading In Some High-Risk Markets
Kalshi will collect customer employment details to prevent insider trading in high-risk prediction markets, banning presumed insiders from trading.
Kalshi will now assign a score to new markets, and the score will determine how much Kalshi believes that particular market is at risk of insider trading or market manipulation. If a market scores high on these metrics, Kalshi will require its customers to provide employment information to trade on that market. Those who Kalshi identify as a presumptive insider on that particular market will be banned from trading in those markets as they are created, the company said.
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Kalshi will now assign a score to new markets, and the score will determine how much Kalshi believes that particular market is at risk of insider trading or market manipulation. If a market scores high on these metrics, Kalshi will require its customers to provide employment information to trade on that market. Those who Kalshi identify as a presumptive insider on that particular market will be banned from trading in those markets as they are created, the company said.