Institutional clients using Talos can now route orders for Kalshi event contracts through its existing trading system. For clients already on the system, the new route places event contracts alongside other supported trading products.
Orders go through Talos’s order and execution management system. The company says the platform also supports spot assets, options, futures, perpetual contracts and tokenized real-world assets. Kalshi is a designated contract market overseen by the CFTC. Its event contracts specify an outcome and pay a fixed amount if it occurs; there is no payout if it does not.
Talos lists Iceberg, Pegged, Sniper and TWAP among the tools available for event-contract orders. Its product page also describes standardized market data for Kalshi and Polymarket, including trades, order books, open interest and implied probabilities. Talos’s new route handles Kalshi orders, and its data product includes both Kalshi and Polymarket.
Talos says venues’ different ways of representing outcomes can require firms to reconcile information across markets. It identifies market makers and hedge funds among users of its prediction-market tools. The standardized format is intended to address those differences in the data.
Talos announced plans to integrate Kalshi on July 22. Kalshi Head of Institutional Andy Ross said in the announcement that the integration would give firms access to the exchange through their established trading operations.
Talos’s product pages list block request-for-quote (RFQ) trading for prediction markets as an available service. The company’s July 22 announcement placed broker distribution later in 2026. No date has been given for adding connections to other venues.
