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David Lin
@davidlin_TV
Host, The David Lin Report. In search of the next great story, and really good bubble tea
가입 December 2017
1.3K 팔로잉 중    54.7K 팬
S&P Dow Jones Indices, the company behind some of the world's most important financial benchmarks, is partnering with @Kalshi to create indices based on real-world events, from political outcomes to supply chain disruptions and economic risks. This could be a big step for financial markets. Just as the S&P 500 made it easier to track and invest in the broader stock market, event-based indices could eventually give investors new ways to measure, trade, and hedge risks that traditional financial instruments don't directly capture. Prediction markets are becoming more ingrained in the tradfi system
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S&P Dow Jones Indices and Kalshi are joining forces to build the next generation of financial markets. The Dow launched in 1896. The S&P 500 in 1957. The idea was simple: bring individual stocks together into a single benchmark, giving people a clearer view of the broader market. Over time, products built around those benchmarks transformed investing. Index funds, ETFs, futures, and options gave investors ways to gain diversified market exposure and hedge broad market swings. These indices became foundations of global finance. More than $20 trillion is indexed or benchmarked to the S&P 500 alone. Today, this structure extends beyond stocks to bonds, commodities, currencies, and more. The next step is to bring that structure to the events that shape everyone’s lives. Through this partnership, S&P Dow Jones Indices and Kalshi will work together to create indices composed of Kalshi event contracts. Think about what that opens up. An index of political power. An index of supply chain risk. An index tracking AI’s impact on employment. An index of sports outcomes that affect broadcasters, advertisers, cities, and small businesses. An index of weather risks that shape harvests, energy demand, and business revenues. Each would bundle event contracts into a single indicator, helping people understand how related risks are evolving. Over time, products built around these indices could offer diversified exposure to those events and new ways to hedge their impact. The events that shape our lives could become as easy to track and gain exposure to as the S&P 500.
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