“If the buying and selling quantities to any one in every of these species of election or market manipulation, then it is usually prone to artificially skew the pricing of contracts in a method that’s divorced from election ‘fundamentals,’ thus creating volatility that can undoubtedly hurt many smaller retail traders who’ve positioned their very own bets,” Higher Markets mentioned, urging the U.S. Court docket of Appeals to overturn a decrease courtroom’s choice that freed Kalshi to supply election markets.
