🚨 Hudson River Trading, one of Wall Street’s biggest market makers, has begun trading on Kalshi, Bloomberg reports.
The firm is trading financial contracts, including trades on short-term asset price moves.
Jump Trading and Susquehanna have also built teams to trade prediction markets.
HRT also participated in Kalshi’s $1 billion funding round at a $40 billion valuation.
Prediction markets are becoming a big part of Wall Street’s trading toolkit...