S&P Dow Jones and Kalshi Announce Benchmark Partnership

S&P Dow Jones Indices and Kalshi announced a partnership on October 26, 2026, covering event contracts tied to S&P DJI benchmarks and potential indices built from Kalshi market data. Under the agreement, Kalshi will be a preferred platform for contracts linked to S&P DJI benchmarks. The contracts are intended to settle against the index provider’s official values. The companies have not announced which contracts will be offered first or when they may launch. The arrangement also makes S&P DJI the preferred index constructor using Kalshi trading data. The companies said they would explore indices measuring market expectations about future economic, political and sporting events, using prices in Kalshi markets as inputs. The announcement does not commit S&P DJI to produce any specific index, and the firms have not disclosed a methodology or launch schedule. The two directions of the partnership connect Kalshi’s event-contract prices with S&P DJI’s benchmark business. Existing index values would provide reference points for settlement of Kalshi contracts, while Kalshi market data could inform indices developed by S&P DJI. The companies described each other as preferred providers;...