just now
Global automated brokerage Interactive Brokers (Nasdaq: IBKR) has launched what it describes as a first-of-its-kind unified interface that enables clients to trade prediction market contracts across three leading US venues - Kalshi, CME Group, and ForecastEx, from a single, integrated platform.
The new offering, IBKR Prediction Markets, aggregates similar contracts from all three connected exchanges into one searchable interface. An intelligent order routing system identifies the best available net price across venues, inclusive of fees, removing the need for clients to open or fund separate accounts at each exchange.
The platform is fully embedded within Interactive Brokers' existing trading environment, allowing clients to manage prediction market positions alongside equities, options, futures, forex, crypto and bonds, with consolidated reporting and real-time position tracking. Clients can view live liquidity, compare prices and fees across venues, and route orders to the most favourable destination the moment market probabilities shift - without moving capital between accounts.
At launch, IBKR Prediction Markets will focus on election outcomes, climate events and economic indicators, with contracts from Kalshi and CME Group being added on a rolling basis.
Institutional adoption gathering pace
Milan Galik, Chief Executive Officer of Interactive Brokers, said the firm had sought to replicate the convenience clients already experience when trading US equities and options.
"Prediction markets are reshaping how investors think about risk and uncertainty. IBKR's Prediction Markets combines the execution advantages of competing platforms with the trusted infrastructure our clients already rely on. We will expand access to additional notable exchanges soon."
Milan Galik
Chief Executive Officer, Interactive Brokers
Kalshi co-founder and Chief Executive Officer Tarek Mansour welcomed the integration as a sign of deepening institutional interest in the asset class.
"IBKR is the gold standard in the global financial broker industry. Its integration with Kalshi is a testament to the growing importance of prediction markets for sophisticated investors and financial institutions. We're just in the early innings of deep institutional adoption."
Tarek Mansour
Co-founder and Chief Executive Officer, Kalshi
CME Group Chairman and Chief Executive Officer Terry Duffy said expanding retail access to prediction markets remained a strategic priority for the exchange.
"We are pleased that IBKR clients can connect to CME Group prediction markets to trade their views on benchmarks and economic indicators. Retail demand for prediction market trading continues to grow, and expanding access is central to how CME Group continues to develop these markets for all participants."
Terry Duffy
Chairman and Chief Executive Officer, CME Group
Key platform features
The IBKR Prediction Markets solution offers five headline capabilities:
• unified access to ForecastEx, Kalshi and CME Group from one interface with no requirement to fund separate accounts at each venue;
• best-price execution via an intelligent order UI that identifies the most favourable net price across exchanges while displaying prices from all venues simultaneously;
• multi-asset integration enabling prediction market trading alongside the full range of asset classes already supported on the platform;
• consolidated portfolio management with simplified reporting and real-time position tracking across all holdings;
• institutional-grade infrastructure built on more than four decades of proprietary trading technology.
IBKR Prediction Markets is live now for eligible clients. Availability of products and prediction markets varies by Interactive Brokers affiliate and client country of residence.
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