TLDR
- Kalshi boosts surveillance as Super Bowl trading spikes and scrutiny rises
- Kalshi expands market monitoring with experts and new enforcement tools
- Kalshi tightens controls while regulators debate prediction markets
- Kalshi upgrades detection systems ahead of high volume event trading
- Kalshi adds external experts to strengthen platform surveillance
Kalshi announced a sweeping expansion of its surveillance framework as it prepares for increased activity ahead of major events. The company introduced new enforcement structures and added external experts to strengthen monitoring across its markets. Kalshi aims to reinforce platform integrity as regulatory scrutiny continues to rise.
Expanded Surveillance Committee and New Enforcement Structure
Kalshi formed an independent surveillance advisory committee that will oversee quarterly reviews and provide detailed assessments to external counsel. The committee will also publish statistics on flagged activity, investigations, and disciplinary actions. Kalshi appointed its internal lawyer to lead enforcement and coordinate with compliance teams.
The committee includes specialists in forensic analytics and market manipulation, and it will support advanced detection methods across the platform. These members will help Kalshi refine internal controls as trading volumes rise across more than four thousand markets. They will advise on patterns linked to insider activity and coordinated manipulation.
Kalshi also hired a former federal official with expertise in financial intelligence to advise on surveillance protocols. This move strengthens oversight across sensitive areas where risk often increases during major national events. Kalshi intends to apply this guidance across new controls that scale with future participation.
Partnerships Strengthen Market Abuse Detection
Kalshi expanded its surveillance capacity through a partnership with Solidus Labs, which supplies digital trade monitoring systems. The technology will support Kalshi’s in-house tools and provide alerts for sophisticated manipulation attempts. This collaboration includes coordinated analysis with academic experts in insider trading behavior.
The platform expects stronger monitoring as activity surges around large events, including sports and political contracts. Kalshi reported more than one hundred sixty million dollars already placed on Super Bowl markets. The company aims to ensure that unusual flows receive immediate analysis under the enhanced framework.
Kalshi built custom detection systems over several years, and the new partnership marks another step toward deeper surveillance coverage. The exchange remains the only federally regulated prediction market, and it reports daily trades to the CFTC. These reporting requirements support Kalshi’s broader effort to strengthen transparency across all event contracts.
Regulatory Context and Margin Trading Plans
Kalshi continues to operate under significant attention from federal and state regulators who dispute the classification of sports markets. Several states argue that event contracts represent gambling, while Kalshi maintains they fit within approved financial rules. This debate intensified after recent controversies involving external platforms and geopolitical events.
The company now seeks approval to introduce margin trading for event contracts within the United States. This structure would allow users to deposit a fraction of a contract’s value and settle upon closure. Kalshi has held extended discussions with the CFTC to shape the framework and establish clear safeguards.
Kalshi built its model on strict compliance systems, and it applies KYC and AML checks before allowing participation. These measures support federal oversight as the platform expands access to new market types and new trading features. Kalshi plans to continue developing tools that align surveillance with broader growth objectives across the sector.
