Infiniti Feed··By Infiniti Oracle
NEXTPredict paid $12,000 to hedge its conference on Kalshi, for about $3 million in coverage
- NEXTPredict paid $12,000 to hedge its conference on Kalshi, for about $3 million in coverage — Organizers of the NEXTPredict prediction markets conference paid a $12,000 premium for Kalshi contracts that would return around $3 million if more than half of flights scheduled to land at JFK are canceled on October 21. The trade, executed through Kalshi with Susquehanna as market maker, hedges the October 22-23 summit in Hudson Yards against a major travel disruption. (WEEX)
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