Kalshi and StarCompliance Launch Prediction Market Monitoring Platform for Financial Firms
By
@cointelegraph
The bagel they save for the regulars. Don't skim, savour.
Summary
Prediction market Kalshi has partnered with compliance software provider StarCompliance to launch a monitoring platform that helps financial companies oversee employee activity on prediction markets. The system flags suspicious behavior based on transaction volume, trading patterns, market categories, and work-hour activity, while providing centralized investigation and audit management. This comes as the prediction market sector faces increased scrutiny over insider trading and the use of non-public information, and as Kalshi deals with legal battles with states over event contract regulation.
Key quotes
· 3 pulledThe system is intended to flag employee activity based on transaction volume, trading patterns, market categories and work-hour activity
The platform gives firms a centralized way to manage investigations and audit records tied to prediction market exposure
The sector faces increased scrutiny over insider trading and the use of non-public information
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