Kalshi Election Data Now Available on DoubleZero Ahead of the U.S. Midterm Elections

Kalshi, a regulated U.S. exchange that specializes in event‑driven contracts, has announced that its election‑related market data will be streamed live through DoubleZero, a leading market‑data distribution platform, in advance of the 2026 United States midterm elections.

This partnership marks a significant milestone for both firms, as it opens a channel for sophisticated market participants—such as hedge funds, proprietary trading shops, and automated trading systems—to access the complete depth of the political prediction‑market order books that Kalshi hosts. ### Why the Integration Matters Prediction markets have long been recognized as a valuable source of crowd‑sourced information about future events, ranging from economic indicators to sporting outcomes.

In the political arena, these markets allow participants to buy and sell contracts that pay out based on the results of elections, legislative votes, or other governmental actions. By aggregating the collective judgments of thousands of traders, the market price of a contract can serve as a real‑time probability estimate of the underlying event. Historically, most retail users have accessed Kalshi’s data through the company’s own web interface or API, which provides limited depth information.

Institutional traders, however, often require a more granular view of the order book—including the full range of bid and ask levels, order sizes, and the speed at which liquidity moves—to develop and back‑test quantitative strategies. DoubleZero’s infrastructure is built to deliver exactly that: low‑latency, high‑resolution market‑depth feeds that can be ingested directly into algorithmic trading engines.

By making Kalshi’s election data available on DoubleZero, the two firms are effectively democratizing a data set that was previously confined to a niche audience. ### What Data Will Be Available? The feed will include: 1. **Full Order‑Book Snapshots** – Every price level on both the bid and ask side for each election‑related contract, updated in real time.

2. **Trade‑By‑Trade Updates** – Detailed information on each executed transaction, including price, size, and timestamp. 3. **Aggregated Volume Metrics** – Hourly and daily summaries of total volume, open interest, and turnover for each contract.

4. **Metadata** – Contract specifications, expiration dates, settlement rules, and any regulatory disclosures required by the Commodity Futures Trading Commission (CFTC). These data points will be delivered via a secure, encrypted feed that conforms to industry‑standard protocols such as FIX and WebSocket, ensuring compatibility with most existing trading platforms.

### Potential Use Cases for Traders The expanded data access unlocks a variety of analytical and trading opportunities: - **Statistical Arbitrage** – By comparing Kalshi’s implied probabilities with those derived from traditional polling data or other prediction‑market venues, traders can identify mispricings and execute low‑risk arbitrage trades. - **Sentiment Analysis** – The depth of the order book can reveal shifts in market sentiment before they are reflected in the headline price. Large buy orders at a particular price level may indicate a growing consensus about an election outcome. - **Risk Management** – Institutional investors can use the granular data to more accurately model exposure to political risk, adjusting portfolio allocations in response to real‑time market movements.

- **Machine‑Learning Models** – High‑frequency, high‑resolution data is ideal for training predictive algorithms that attempt to forecast election results or gauge the impact of breaking news on market prices. ### Timing and Availability The feed will go live on **July 1, 2026**, roughly three months before the first primary contests that determine the composition of the U.S. House and Senate for the midterm cycle. Kalshi will initially provide depth data for its most actively traded election contracts, including: - **U.S.

Senate Control** – A binary contract that pays out if a particular party retains or gains control of the Senate after the midterms. - **House Majority** – Similar contracts focused on which party will hold the majority in the House of Representatives.

- **State‑Level Races** – Contracts tied to key gubernatorial and legislative contests in swing states. - **Policy‑Specific Outcomes** – Contracts that settle based on the passage of major legislation, such as a federal budget or immigration reform, within the post‑midterm session. Additional contracts will be added on a rolling basis as the election calendar progresses and new markets are launched by Kalshi. ### Regulatory and Compliance Considerations Kalshi operates under the oversight of the CFTC and is a registered futures exchange.

All data distributed through DoubleZero will be subject to the same compliance standards that govern the underlying market. This includes strict adherence to anti‑manipulation rules, real‑time reporting requirements, and the preservation of market integrity. Participants who receive the feed will be required to sign a data‑usage agreement that outlines permissible uses, data security obligations, and reporting protocols.

### Impact on the Broader Market Landscape The integration is likely to have a ripple effect across the broader prediction‑market ecosystem. By providing institutional‑grade data, Kalshi may attract a new class of liquidity providers who previously lacked the tools to assess market depth accurately. This could lead to tighter spreads, higher volumes, and more efficient price discovery for political contracts. Moreover, the presence of sophisticated algorithmic traders may encourage other prediction‑market platforms to consider similar data‑distribution partnerships, fostering greater competition and innovation in the sector.

### How to Subscribe Firms interested in accessing the Kalshi election data feed on DoubleZero can apply through DoubleZero’s client portal. The onboarding process involves: 1. **Submitting a Data‑Access Request** – Including details about the intended use case and compliance framework. 2.

**Signing a Licensing Agreement** – Covering fees, data‑security requirements, and usage restrictions. 3.

**Technical Integration** – Working with DoubleZero’s engineering team to configure the feed, test latency, and ensure proper handling of market‑data snapshots. Pricing will be tiered based on the volume of data consumed and the level of support required, with discounted rates available for long‑term contracts. ### Looking Ahead As the 2026 midterm elections approach, the political landscape is expected to be highly dynamic, with numerous swing races and policy battles shaping voter sentiment. The availability of high‑resolution, real‑time market data from Kalshi via DoubleZero equips traders with a powerful tool to navigate this uncertainty.

Whether the goal is to capture short‑term arbitrage opportunities, build robust risk‑management models, or simply gain a clearer picture of collective expectations, the new data feed promises to be a game‑changer for anyone with a serious interest in political prediction markets. In summary, the partnership between Kalshi and DoubleZero brings institutional‑grade election market data to a broader audience just in time for the crucial midterm election cycle.

By delivering full‑depth order‑book information, trade‑by‑trade updates, and comprehensive metadata, the integration empowers sophisticated traders to develop more nuanced strategies, improve risk assessment, and ultimately contribute to a more transparent and efficient market for political outcomes.