Financials prediction markets
Index levels, currencies and rate benchmarks.
What financials prediction markets are
Financials prediction markets are contracts on stock index levels, company listings and similar market outcomes. This board is built from Kalshi's Financials category, including its S&P 500 range and IPO series [7][8].
What kinds of financials markets are there?
Examples include where the S&P 500 index trades at a set time and whether a company confirms an initial public offering by a date.
Kalshi lists both its S&P 500 range series and its IPO series under Financials [7][8].
Reading a price of 20 cents
A Yes price of 20 cents implies about a 20% chance of that outcome. A correct Yes contract pays $1.00 at settlement.
Kalshi says a Yes price of p cents implies about a p% probability [9]. An S&P 500 contract settles at $1.00 [6].
How these markets settle
Each contract settles on a source named in Kalshi's rules for that contract.
How does an S&P 500 market settle?
An S&P 500 market settles on the index price at the time and date the contract names. Only prices from regular market hours count.
Kalshi's rules count only prices recorded between 9:30 AM and 4 PM ET [1]. Kalshi itself is the named source agency, and later revisions do not change the result [2].
How does an IPO market settle?
A Kalshi IPO market settles Yes if the company officially confirms an IPO before the date. The listing day itself does not decide it.
An IPO counts as confirmed when the SEC declares the registration statement effective, when the IPO is priced, or when an exchange approves the listing [4]. The market resolves on the date of that confirmation, not the date of the IPO [3]. The SEC comes first in Kalshi's list of sources [5].
Which venues list them
Every market on this board comes from Kalshi. For its fees and quirks, see our notes on prediction market platforms.
Kalshi only on this board
The financials board is built from Kalshi's own Financials category. Other venues are not read here, so their prices do not appear.
What moves the price
What makes a financials price change?
New information moves it. Kalshi names new economic data and breaking news as things that change what a contract is worth.
Kalshi lists new economic data and breaking news stories as information that changes a contract's fair value [10]. When more traders expect Yes, the Yes price rises and the No price falls [11].
What moves an index contract?
The index itself. An S&P 500 contract pays on the index price at a set time, so its value follows where the index trades.
The contract's underlying is the S&P 500 price at the named time and date [2].
Sources (11)
- Kalshi S&P 500 contracts only count prices recorded between 9:30 AM and 4 PM ET. assets.kalshi.com/contract_terms/INX.pdf (checked 2026-09-25)
- S&P 500 contracts settle on the index price at a named time and date; Kalshi is the source agency; later revisions do not count. assets.kalshi.com/contract_terms/INX.pdf (checked 2026-09-25)
- IPO contracts resolve on the date of official confirmation, not the listing date. assets.kalshi.com/contract_terms/IPOEVENTANNOUNCE.pdf (checked 2026-09-25)
- An IPO counts as confirmed when the SEC declares the registration effective, the IPO is priced, or an exchange approves the listing. assets.kalshi.com/contract_terms/IPOEVENTANNOUNCE.pdf (checked 2026-09-25)
- The SEC is first in the IPO contract's source agency order. assets.kalshi.com/contract_terms/IPOEVENTANNOUNCE.pdf (checked 2026-09-25)
- S&P 500 contracts settle at $1.00. assets.kalshi.com/contract_terms/INX.pdf (checked 2026-09-25)
- Kalshi files its S&P 500 range series under Financials. api.elections.kalshi.com/trade-api/v2/series/KXINX (checked 2026-09-25)
- Kalshi files its IPO series under Financials. api.elections.kalshi.com/trade-api/v2/series/KXIPO (checked 2026-09-25)
- A Yes price of p cents implies about a p% probability. news.kalshi.com/p/how-to-read-probabilities (checked 2026-09-25)
- New economic data and breaking news change a contract's fair value. news.kalshi.com/p/how-to-read-probabilities (checked 2026-09-25)
- When the perceived likelihood of Yes rises, the Yes price rises and the No price falls. help.kalshi.com/en/articles/13823836-how-are-prices-determined (checked 2026-09-25)
More on: prediction market arbitrage
See also: entertainment prediction markets, economic prediction markets, sports prediction markets
Related: prediction market platforms
From Kalshi’s 953 Financials series, ranked by traded volume.
When will OpenAI IPO?
- When will OpenAI IPO?3¢150,098 vol
- When will OpenAI IPO?4¢97,629 vol
- When will OpenAI IPO?1¢88,381 vol
- When will OpenAI IPO?8¢45,076 vol
- When will OpenAI IPO?31¢37,274 vol
- When will OpenAI IPO?56¢32,727 vol
- When will OpenAI IPO?18¢29,747 vol
- When will OpenAI IPO?47¢23,347 vol
Will Sprite Point of Sale Growth for October 2026 be above 89 ?
- Will Sprite Point of Sale Growth for October 2026 be above 89 ?94¢9,893 vol
- Will Sprite Point of Sale Growth for October 2026 be above 93 ?44¢7,478 vol
- Will Sprite Point of Sale Growth for October 2026 be above 91 ?76¢5,278 vol
- Will Sprite Point of Sale Growth for October 2026 be above 92 ?58¢3,144 vol
- Will Sprite Point of Sale Growth for October 2026 be above 94 ?26¢2,203 vol
- Will Sprite Point of Sale Growth for October 2026 be above 95 ?29¢763 vol
- Will Sprite Point of Sale Growth for October 2026 be above 97 ?10¢250 vol
Will Red Bull Point of Sale Growth for October 2026 be above 98
- Will Red Bull Point of Sale Growth for October 2026 be above 98 ?93¢6,481 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 110 ?46¢3,896 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 104 ?94¢3,637 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 106 ?86¢3,423 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 112 ?24¢3,312 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 108 ?76¢2,298 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 102 ?93¢1,486 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 118 ?3¢62 vol
- Will Red Bull Point of Sale Growth for October 2026 be above 114 ?9¢15 vol
Will Gemini App Downloads for October 2026 be above 300 ?
- Will Gemini App Downloads for October 2026 be above 300 ?3¢3,748 vol
- Will Gemini App Downloads for October 2026 be above 110 ?98¢3,576 vol
- Will Gemini App Downloads for October 2026 be above 220 ?43¢3,442 vol
- Will Gemini App Downloads for October 2026 be above 160 ?88¢2,802 vol
- Will Gemini App Downloads for October 2026 be above 85 ?98¢2,520 vol
- Will Gemini App Downloads for October 2026 be above 60 ?98¢2,436 vol
- Will Gemini App Downloads for October 2026 be above 35 ?99¢700 vol
- Will Gemini App Downloads for October 2026 be above 50 ?99¢500 vol
- Will Gemini App Downloads for October 2026 be above 70 ?98¢96 vol
Will the 2-year U.S. Treasury yield be above 5.00% in Oct 2026?
- Will the 2-year U.S. Treasury yield be above 5.00% in Oct 2026?32¢2,250 vol
- Will the 2-year U.S. Treasury yield be above 5.02% in Oct 2026?33¢1,581 vol
- Will the 2-year U.S. Treasury yield be above 5.20% in Oct 2026?12¢1,366 vol
- Will the 2-year U.S. Treasury yield be above 4.94% in Oct 2026?48¢1,304 vol
- Will the 2-year U.S. Treasury yield be above 4.99% in Oct 2026?38¢978 vol
- Will the 2-year U.S. Treasury yield be above 5.01% in Oct 2026?35¢966 vol
- Will the 2-year U.S. Treasury yield be above 4.93% in Oct 2026?51¢778 vol
- Will the 2-year U.S. Treasury yield be above 5.21% in Oct 2026?11¢656 vol
- Will the 2-year U.S. Treasury yield be above 5.03% in Oct 2026?31¢488 vol
- Will the 2-year U.S. Treasury yield be above 4.95% in Oct 2026?46¢448 vol
- Will the 2-year U.S. Treasury yield be above 4.98% in Oct 2026?40¢446 vol
- Will the 2-year U.S. Treasury yield be above 4.92% in Oct 2026?51¢443 vol
Will Take-Two Interactive or Rockstar Games publicly disclose a
- Will Take-Two Interactive or Rockstar Games publicly disclose a numeric figure for Grand Theft Auto VI preorders before Feb 1, 2027?31¢2,481 vol
Will Dutch Bros Inc. report Above 1270 total shops in Q3 2026?
- Will Dutch Bros Inc. report Above 1270 total shops in Q3 2026?65¢813 vol
- Will Dutch Bros Inc. report Above 1280 total shops in Q3 2026?13¢437 vol
- Will Dutch Bros Inc. report Above 5% same-shop sales growth in Q3 2026?54¢316 vol
- Will Dutch Bros Inc. report Above 1260 total shops in Q3 2026?no offer295 vol
- Will Dutch Bros Inc. report Above 1250 total shops in Q3 2026?no offer270 vol
- Will Dutch Bros Inc. report Above 3.5% same-shop sales growth in Q3 2026?99¢155 vol
- Will Dutch Bros Inc. report Above 4.5% same-shop sales growth in Q3 2026?80¢20 vol
- Will Dutch Bros Inc. report Above 4% same-shop sales growth in Q3 2026?96¢20 vol
- Will Dutch Bros Inc. report Above 1290 total shops in Q3 2026?7¢0 vol
- Will Dutch Bros Inc. report Above 6% same-shop sales growth in Q3 2026?14¢0 vol
- Will Dutch Bros Inc. report Above 5.5% same-shop sales growth in Q3 2026?30¢0 vol
Will South Bow announce a decision to build Keystone XL before J
- Will South Bow announce a decision to build Keystone XL before Jul 1, 2028?76¢0 vol
- Will South Bow announce a decision to build Keystone XL before Jan 1, 2028?73¢0 vol
- Will South Bow announce a decision to build Keystone XL before Jul 1, 2027?45¢0 vol
- Will South Bow announce a decision to build Keystone XL before Jan 1, 2027?15¢0 vol