Kalshi Seeks CFTC Approval for Perpetual Futures on Gold, Silver, Platinum
Bloomberg Television's metals spotlight segment discusses Kalshi's application to launch perpetual futures contracts on gold, silver and platinum, with copper potentially next due to AI-driven demand. The interview features Kalshi Chief Risk Officer Udesh Jha explaining the products' appeal for continuous exposure without roll costs or expiry. Jha addresses both retail and institutional users, compares the contracts to crypto perpetuals, outlines plans to initially match traditional market hours before potential expansion, and responds to pushback from traditional exchanges like CME and questions about retail risk. The segment references the company's prior crypto perpetual launch and regulatory path.
Source: Bloomberg Television