Kalshi executive Andy Ross: Brokers value liquidity more when accessing existing exchanges

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Andy Ross, head of institutional business at Kalshi, said that if FX and CFD brokers want to add event contracts, they should prioritize accessing the liquidity of existing exchanges rather than building their own trading venues. Through an API service launched with Apex Fintech Solutions, brokers can access Kalshi’s order book while retaining their own interfaces and customer relationships; Apex handles clearing, custody, fund flows, billing, and account management. Kalshi is also expanding into perpetual contracts and plans to launch FX perpetual contracts, but has not yet disclosed the currency pairs or launch date.