Prediction Platform Kalshi Targets US Oil Market with Perpetual WTI Contract
Kalshi says the contract would let traders hold oil bets indefinitely as it expands perpetual futures beyond crypto and event contracts.
- Prediction market Kalshi is preparing to file with the Commodity Futures Trading Commission for a West Texas Intermediate crude oil perpetual futures contract, seeking approval for 24/5 trading.
- Perpetual futures, or "perps," are derivatives contracts with no expiration dates, allowing traders to hold positions indefinitely while providing high leverage to amplify market gains and losses.
- The CFTC approved the first perpetual futures contracts for Coinbase and Kalshi earlier this year, while currently reviewing a proposal regarding 24/7 futures and perpetual energy contracts.
- Expanding beyond event contracts, Kalshi has filed for perpetual contracts tied to equity indexes, metals, foreign exchange, and interest rates to compete with traditional exchange operators.
- Regulators previously halted CME Group's round-the-clock crude oil futures earlier this year, as the CFTC continues reviewing contracts tied to new asset classes on a case-by-case basis.
16 Articles
16 Articles
Kalshi Inc. will seek regulatory approval for a future oil-related contract that never expires — a measure that would lead a popular product in cryptocurrencies markets to the traditional energy sector, precisely when the industry discusses the risks of markets that operate uninterruptedly. The contract, linked to the West Texas Intermediate (WTI) reference, should be submitted to the Commodity Futures Trading Commission (CFTC) as early as next …
Prediction market Kalshi to file for US crude oil 'perps', source says
Kalshi Seeks Approval for First Regulated U.S. Oil Perpetual Futures
What Is Kalshi Planning For The Oil Market? Prediction market operator Kalshi is preparing to seek regulatory approval for a West Texas Intermediate crude oil perpetual futures contract, potentially bringing one of crypto trading’s most widely used derivatives structures into the regulated U.S. energy market. The proposed contract could be filed with the Commodity Futures Trading Commission as soon as next week. It would trade 24 hours a day, fi…
Kalshi’s new oil contract promises non-stop exposure, but a hidden flaw could expose traders to massive weekend shocks
The reported contract could eliminate expiry while leaving traders exposed to an oil market that still closes. The post Kalshi’s new oil contract promises non-stop exposure, but a hidden flaw could expose traders to massive weekend shocks appeared first...
Coverage Details
Bias Distribution
- 71% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
