Plus500 has launched Kalshi perpetual futures through its US Futures Commission Merchant (FCM) license, becoming the first industry FCM, excluding Kalshi Prime, to offer the products on Kalshi Exchange, a CFTC-regulated US venue. The launch marks a significant expansion of Plus500’s US operations and deepens its technology partnership with Kalshi following earlier collaboration on prediction markets.
- Product: Kalshi perpetual futures (perps) with no expiration date
- Launch date: 28 October 2026
- Asset classes: Cryptocurrencies, commodities, and indices
- Regulatory framework: CFTC-regulated; first perps contracts launched by Kalshi in May 2026
- Distribution channels: Available through Plus500’s B2B and B2B2C offerings
Perpetual futures are derivative contracts without expiration dates, allowing traders to hold positions indefinitely without rolling them over. Historically traded outside US regulatory oversight, perps gained regulatory legitimacy when Kalshi launched the first CFTC-regulated contracts in May 2026. Plus500 executes, routes, clears, and manages risk on its proprietary technology stack, operating as a clearing member of Kalshi Klear, described as the world’s only tech-first derivatives clearinghouse.
The milestone extends Plus500’s rapid US expansion and strategic priorities, broadening its product range while strengthening engagement across its partner network. The company plans to expand perps offerings as additional contracts become available on Kalshi, reinforcing its position in exchange-traded operations that deliver end-to-end services including execution, order routing, API connectivity, and clearing.
Becoming the first US FCM to offer Kalshi perps represents another significant milestone in a year of excellent progress in the US for Plus500 and it highlights the strength of our innovative, technology-led partnership with Kalshi. Perps have grown quickly in recent years and their arrival on a fully regulated US exchange is a significant boost for the whole industry.
– David Zruia, Chief Executive Officer, Plus500
Kalshi is redefining financial markets in America, pioneering an entirely new asset class through groundbreaking innovation, cutting-edge technology and a relentless commitment to delivering market-leading products. Plus500 was the natural choice to support our expansion into perpetual futures, further strengthening a partnership built on innovation, execution excellence and a shared vision for the future of financial markets.
– Tarek Mansour, Chief Executive Officer, Kalshi
Plus500 is a London-listed fintech group regulated across 16 jurisdictions, offering trading products including CFDs, share dealing, and futures and options on futures across more than 2,500 underlying instruments.
David Zruia, Chief Executive Officer at Plus500. Source: LinkedIn
Tarek Mansour, Chief Executive Officer at Kalshi. Source: en.wikipedia.org
