DRW, Wintermute, and IMC Form Prediction Market Trading Teams, Expanding into Polymarket and Kalshi

Odaily Odaily Planet Daily reports: As trading volume in prediction markets grows, institutional capital is entering this sector. Quantitative trading firms such as DRW, Wintermute, and IMC are forming specialized prediction market trading teams. They have recently posted relevant job openings, focusing on platforms like Polymarket and Kalshi, aiming to capture pricing inefficiencies through cross-platform arbitrage, market microstructure arbitrage, and news-driven trading strategies. Industry insiders believe that with the expansion of the prediction market and the planned launch of prediction market products by on-chain trading platforms like Hyperliquid, a competition centered around latency, liquidity, and cross-platform efficiency has already begun. (CoinDesk)