Susquehanna's Maletz details prediction market market-making on Bloomberg podcast
Jeremy Maletz, Susquehanna's head of macro trading and prediction markets, appeared on Bloomberg's Odd Lots podcast alongside hosts Joe Weisenthal and Tracy Alloway. The episode covers Susquehanna's approach to market-making in prediction markets and how the trading firm connects that liquidity pool to large institutional investors. The discussion touched on Kalshi as a key venue in that bridge. No specific trading figures, deal terms, or regulatory developments were disclosed in the preview. The episode is available via Bloomberg's audio and video platforms. Susquehanna is not new to prediction markets — its quantitative trading arm has been active across various alternative data and derivative structures.
Susquehanna's public discussion of prediction-market market-making signals that tier-one sell-side firms now treat the asset class as recruitable talent territory, not a side project. Any desk head at a competitor now faces internal pressure to match the deployment or explain why their firm is absent from the venue list.
Adds Susquehanna to a packed field of institutional entrants including DRW, Wintermute, IMC, and Galaxy Digital that have all opened or expanded dedicated prediction-market desks in recent days, as the sell-side infrastructure race to capture event-contract liquidity accelerates beyond any single venue's retail footprint.