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The Economic Times
The Economic Times
Business

Prediction platform Kalshi targets US oil market with perpetual WTI contract

Kalshi is preparing to take its push into financial markets a step further by seeking US regulatory approval for a perpetual futures contract tied to West Texas Intermediate crude oil, potentially opening the door to a new way of trading oil around the clock, Reuters reported on Wednesday.

Kalshi could file the contract with the US Commodity Futures Trading Commission as early as next week, according to a source familiar with the matter cited by Reuters.

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