Kalshi's imminent single-stock perpetuals launch signals new derivatives market expansion.
Context
What happened: Kalshi expects to launch single-stock perpetual futures "in the next few days," according to Andy Ross, the company's head of institutional business.
Key numbers: Kalshi applied to the US Commodity Futures Trading Commission for approval on September 18. The regulator's standard 45-day review period ends today, November 2.
Why it matters: The launch timing is tied to the end of the CFTC's standard review period for the application.
What changed
Kalshi expects to launch single-stock perpetual futures "in the next few days," according to Andy Ross, the company's head of institutional business.