just now
Andy Ross, Head of Institutional, Kalshi
The Exchange That Can Price Everything
I have been watching Kalshi for a while. When Andy Ross went quiet after leaving Standard Chartered and his LinkedIn showed "Gone Skiing," most people assumed he would surface in a senior digital assets role. When he announced he had joined prediction markets exchange Kalshi as Head of Institutional Business, saying that Kalshi is “Prediction markets are the single most important disruptive force in financial markets since the development of the eurodollar future”. I get it. I cheered him on. This was a maverick move to a maverick company.
I wanted to find out what Kalshi will be doing in the institutional space and spoke with Andy and had one of the most interesting market structure conversations I have had in a very long time. We covered what prediction markets are, why the proxy hedge problem has cost institutional participants real money, how block trading works on Kalshi, what the landmark launch of the first CFTC-regulated perpetual futures on an American exchange means for capital efficiency.
It is a long read. (Worth your time).
Read the full article here: Kalshi: The Exchange That Can Price Everything
