Kalshi tests Bloomberg-style trading terminal for professional event-contract traders
Kalshi is testing a Bloomberg-style trading terminal designed for professional and high-end traders, extending its platform beyond its retail-oriented origins. The CFTC-regulated exchange has already launched perpetual contracts supporting 11 markets and announced plans for a Kalshi Pro terminal for those instruments. The new terminal offers real-time data and trade execution capabilities aimed at sophisticated users. Kalshi and CME both offer corporate earnings event contracts that let traders speculators bet directly on quarterly reporting outcomes rather than underlying stock price moves. Few additional details about the terminal's full feature set or general availability have been disclosed.
Robinhood already drives the majority of Kalshi's volume and has begun routing event contracts to its own Rothera exchange. Kalshi must capture professional trading desks with dedicated terminal infrastructure or risk losing both retail and sophisticated flow to vertically integrated competitors.
Kalshi's pivot to professional-grade tools comes as Robinhood routes World Cup contracts to Rothera while keeping some markets on Kalshi, pressuring the exchange to diversify its user base beyond the retail flow Robinhood largely controls.