Elwood platform adds Kalshi connectivity for institutional event-contract trading
Elwood, an institutional execution and portfolio management platform, will add connectivity to Kalshi to support trading of CFTC-regulated event contracts, the firms announced on June 11. The integration will cover execution, portfolio management, risk, and reconciliation tooling aimed at institutional trading desks. Elwood US clients will be able to access Kalshi's event contracts through existing institutional infrastructure. Event contracts became a supported instrument type at CFTC-regulated venues following Commission approval, and institutional interest has been growing. The move targets professional investors seeking regulated prediction market exposure without leaving their existing trading workflows.
Elwood's integration gives Kalshi a direct pipeline to institutional order flow outside Robinhood's retail channel. Any competing CFTC-regulated venue without similar prime-broker-style connectivity will struggle to capture hedge fund and asset manager volume.
Joins DRW, Wintermute, and IMC in building out Kalshi's institutional trading stack, as professional market-maker and execution infrastructure converges on the platform ahead of retail-broker competition.