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StoneX Announces Election Trading Partnership Between FOREX.com and Kalshi
SNEXStoneX(SNEX) GlobeNewswire News Room·2024-10-29 12:00

Core Insights - FOREX.com has announced a partnership with Kalshi, a CFTC-regulated exchange for trading on future event outcomes, enhancing trading opportunities for clients [1][2] - The partnership allows traders to engage in FX markets while also participating in event-based trading related to the US Presidential Election, with a promotional 20bonusforclients[2][3]CompanyOverviewFOREX.comisatradingnameofStoneXGroupInc.,whichservesover54,000clientsandhasmorethan400,000selfdirectedaccountsglobally[5]KalshiisrecognizedasthefirstandlargestlegalpredictionmarketintheUS,havingachievedover20 bonus for clients [2][3] Company Overview - FOREX.com is a trading name of StoneX Group Inc., which serves over 54,000 clients and has more than 400,000 self-directed accounts globally [5] - Kalshi is recognized as the first and largest legal prediction market in the US, having achieved over 100 million in trading volume shortly after its launch [4] Strategic Goals - FOREX.com aims to enhance client trading experiences by providing tools for accessing political and market events, indicating plans for further development of event-based promotions [3] - Kalshi's vision is to mainstream prediction markets, and the partnership with FOREX.com is seen as a significant step towards this goal [3]