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Kalshi Launches Bloomberg-Style Terminal for Active Prediction Market Traders

Kalshi is testing a new interface that lets high-volume traders track volumes, order books, and multiple positions in one view. The product is in alpha testing and has no announced launch date.

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2 sources·Jun 4, 8:52 AM·1m read
Kalshi Launches Bloomberg-Style Terminal for Active Prediction Market Tradersnews18.com
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Kalshi is developing a specialized interface for its most active traders that mirrors features of the Bloomberg Terminal used in traditional markets. The platform currently in alpha testing lets users track 24-hour volumes across contract categories, view live trades as they occur, and inspect individual order books.

Traders can also customize dashboards to follow contracts tied to their own positions and manage multiple holdings simultaneously. One option reduces the number of steps required to place trades. The source familiar with the plans said the goal is to give so-called "sharps" a single workspace that supports their existing custom workflows.

The project has been underway for roughly one month. Long-term plans include adding research tools and external data feeds similar to those on Bloomberg terminals. The same source said the company may later extend the interface to asset classes beyond prediction markets.

Kalshi's existing market data already appears on Bloomberg terminals. The new product will remain focused on event contracts for the foreseeable future.

Friday, Kalshi announced regulatory approval to offer perpetual futures on cryptocurrencies. The day before, the company introduced its American Power Index, which it describes as a real-time gauge of political power derived from its own market data. No timeline has been set for a broader release of the terminal-style interface. Kalshi declined to comment on the project.

The source said the company is creating the software to establish a singular product for its highest engaged retail traders, colloquially known as 'sharps,' who typically use custom workflows to enhance their trades and gain an edge.

Source familiar with the plans, via CNBC

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