Futu's (FUTU) Moomoo has agreed to a partnership with Kalshi to launch regulated event contracts, allowing eligible users to trade on outcomes of major economic, political, and cultural events through a CFTC-regulated exchange, Moomoo said on Thursday.
Financial details related to the collaboration were not disclosed.
Moomoo further said that the contracts are fully collateralized and integrated directly into moomoo's trading platform alongside equities and other investment products.
Shares of Futu were down 1.4% in Thursday premarket trading.
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