Key facts
- Perpetual futures are already traded offshore at a significant scale.
- Kalshi executive Udesh Jha believes bringing these trades onshore is beneficial.
- Onshore trading would offer U.S. customers regulatory protections and risk controls.
Udesh Jha, an executive at the Kalshi exchange, has stated that the market for perpetual futures already operates at a substantial scale offshore. He argues that it would be advantageous to bring these trading activities onshore. Jha's reasoning centers on the potential to provide U.S. customers with greater regulatory oversight and more robust risk management frameworks, which are currently lacking in offshore markets.