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