Wall St. Sets Limits on Prediction Market Trading

Andrew here. Here’s a dilemma for the C-suite: Should employees be allowed to place bets with prediction markets?

I’m not talking about insider trading of your own stock. Imagine logistics managers using their unique supply chain visibility to wager on inflation data. They aren’t betting on their employers — but they are monetizing an information edge that the public doesn’t have.

Wall Street is already clamping down. Goldman Sachs and others are barring employees from trading financial and political event contracts, citing compliance and conflict risks. Let me know what you think the rules should be.

Goldman’s limits on prediction market betting

Prediction markets like Kalshi and Polymarket have become a big business, with aims of becoming a next-generation Wall Street.

Article source: https://www.nytimes.com/2026/07/10/business/dealbook/goldman-prediction-markets-wall-street.html