Bloomberg Surveillance · Friday, August 14, 2026
Robert Deanlt explains Kalshi's comprehensive surveillance system, which includes round-the-clock monitoring and vendor-provided services to detect market manipulation, spoofing, and front-running. He highlights a recent partnership with Nasdaq to enhance data analysis and assures that any flagged activities are investigated and referred to regulators like the CFTC.
“We have round the clock surveillance that's operating twenty four to seven at the exchange, some of which we use through vendors. We have several vendors who are running twenty four to seven surveillance on insider trading, market manipulation like spoofing, front running, etc. And then we have a secondary team in the exchange that does look back reviews for every single market. We recently, just earlier this week or last week, announced our partnership with NASDAK to enable their surveillance tool to also work on call SHEHE data, and that service is going to be offered to institutional clients and regulators that are interested in getting access to that data.”
“And so essentially, when we. See flags in markets, the team that we have at Kush works to either clear those alerts as false positives or escalate them to enforcement attorneys or investigators like myself who pursue those leads.”
“And we're able to do so because we know all the customers on the exchange.”