Kalshi files with CFTC to introduce margin trading for event contracts

Prediction market platform Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) through its clearinghouse, Kalshi Klear, to allow margin trading on select event contracts. Currently, event contracts on regulated U.S. exchanges require full collateralization. If approved, the feature would be restricted to self-clearing members meeting specific capital requirements and would exclude sports, cultural, and "mention" markets. Kalshi also intends to increase margin requirements as contracts approach expiration.