Incoming AN1 - is Kalshi allowed?
I know I can just email HR and ask, but wanted to see if there was a general consensus. Am I allowed to bet on Kalshi? Wanted to gamble some money away for fun before starting FT.
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Based on the most helpful WSO content, there isn't specific information in the dataset about whether betting on Kalshi is allowed for incoming analysts. However, it's worth noting that many financial institutions have strict compliance policies regarding personal trading and betting, especially on platforms that could be considered speculative or related to financial markets.
Your best bet (pun intended) is to check your firm's compliance policies or directly email HR to confirm. It's always better to be safe than sorry when it comes to compliance in finance!
Sources: From poker to prop-trading, Is it illegal to paper trade inside information?, Payback: From Michael Milken to HFT, Bulge Bracket Gossip - Am I at risk?, Los Angeles IB SA Recruiting Mini-Guide
Read your contract - it should contain a clause if you need one.
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