Interactive Brokers (IBKR) has unveiled a new trading platform that integrates event outcome contracts from Kalshi, CME Group, and its own ForecastEx service. This innovative platform is designed for both retail and institutional investors to trade contracts focused on various topics, including economic indicators, climate issues, and political elections, while excluding sports and pop culture contracts for now.
The user-friendly interface allows traders to compare prices across the three platforms, ensuring they can find the best deals while considering commission rates.
“Prediction markets are changing how investors approach risk and uncertainty. We have combined the advantages of competing platforms with the familiar infrastructure our clients are used to. We will soon add other major exchanges,” said Milan Galik, CEO of Interactive Brokers.
Tarek Mansour, co-founder and CEO of Kalshi, praised IBKR as the industry’s “gold standard” and noted that the adoption of prediction markets in institutional settings is just beginning to take off. CME Group CEO Terry Duffy emphasized the increasing retail interest in these trading tools, stating that CME clients will benefit from the ability to trade contracts on essential economic metrics through the IBKR platform.
