Wall Street boosts trading desks to exploit pricing gaps in prediction markets

Wall Street is staffing up its trading floors to go after pricing gaps across prediction markets, targeting spreads between contracts tied to things like sports and elections. Traders are hired to catch split-second price differences on platforms like Polymarket and Kalshi, and flip them for profit. Both platforms have moved toward sports-heavy contracts after first […] source: https://www.cryptopolitan.com/wall-street-pricing-gaps-prediction-markets/