
TL;DR — Cantor Fitzgerald launched institutional block trading on Kalshi in partnership with Susquehanna Predictions to provide scale pricing and liquidity. The initiative targets hedging and risk management uses for event contracts where institutional mechanisms have been limited. It signals traditional finance integration into regulated prediction markets.
SCCG Take — This lowers barriers for institutional capital in prediction markets and could accelerate liquidity. Platforms gain from traditional finance ties while addressing unmet risk transfer demand.
Cantor Fitzgerald & Co. has launched institutional trading for prediction markets. The investment bank will facilitate institutional-size block trades on Kalshi and partner with Susquehanna Predictions to deliver pricing and liquidity at scale. It will serve as an introducing broker to arrange large trades outside Kalshi’s central order book.
The launch addresses constraints on institutional activity in a rapidly expanding sector. Financial firms are turning to event contracts for hedging and risk management. Pascal Bandelier, co-CEO and Global Head of Equities at Cantor, said the new capability will grant institutional investors greater access where mechanisms to transact at scale have been absent.
Max Crowley, Kalshi Vice President of Business Development, said Cantor’s institutional relationships and experience will expand event contract usage and reveal new portfolio applications. Cantor intends to integrate additional platforms.
Joe Grubb, Susquehanna Predictions Head of Business Development, said institutional risk transfer could become a major growth area. “We can price and execute custom, tailored contracts for institutional counterparties desiring to hedge both general market and bespoke industry risk currently unserved by traditional insurance markets,” Grubb added. “Our ability to do so quickly and at scale will provide a valuable solution to this unmet market demand.”
According to Focus Gaming News, the arrangement combines Cantor Fitzgerald’s client network with Susquehanna Predictions’ execution strengths.
The partnership equips traditional finance participants with tools to engage prediction markets beyond retail flows. Custom contracts target specific risks that standard insurance does not address. This structure supports larger position sizes while remaining within regulated exchange parameters.
Current limitations on scale have kept many institutional portfolios on the sidelines despite sector growth. The Cantor Fitzgerald launch supplies the missing infrastructure for liquidity and risk transfer. How quickly counterparties adopt these tailored solutions will determine whether prediction markets secure a permanent place in institutional hedging strategies.
Reporting: Focus Gaming News
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
For 30 years I've watched regulated markets mature when institutional infrastructure arrives. This isn't retail hype — it's Cantor Fitzgerald and Susquehanna building the pipes for institutional hedging and risk transfer on event contracts. That changes prediction markets from novelty to portfolio tool, and SCCG's network sits exactly where platforms, liquidity providers, and operators need strategic guidance.
SCCG angle: SCCG connects prediction market platforms to institutional distribution partners and liquidity providers across our 545-partner network. We've guided regulated market builds in every jurisdiction — when infrastructure like this launches, we help operators position for the institutional capital that follows and navigate partnership opportunities with TradFi players entering the space.
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