Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

EDGE Markets Announces Programmatic Capital Allocation and Agentic Access for Prediction Markets

  • India - English
  • APAC - English
Edge Markets Logo

News provided by

EDGE Markets

Oct 06, 2026, 09:15 ET

Share this article

Share toX

Share this article

Share toX

New infrastructure- including EDGE Connect, which reduces the liquidation risks of margin calls on nights and weekends - enables money movement and controlled capital access for AI agents, execution platforms and clearing houses

NEW YORK, Oct. 6, 2026 /PRNewswire/ -- EDGE Markets today announced programmatic capital allocation and agentic access for EDGE Pro, its business banking platform for market makers and institutional traders. These new capabilities are designed to support institutional trading in markets that operate around the clock to eligible users.

The new infrastructure allows institutions to establish pre-authenticated accounts with clearly defined permissions and capital limits. Trading algorithms and AI agents can then execute approved activities within those parameters without gaining unrestricted access to an institution's underlying accounts.

Institutions can pre-determine how much capital to deploy, by whom and for what purpose, including setting daily transaction limits. For example, an institution could authorize an agent to allocate up to $100,000 per day, and prevent it from accessing or moving any additional funds. The capabilities will be available to all EDGE Pro users. EDGE Markets' execution routing partners - River Markets, Open Markets, ParlayX and Pikkit - will also integrate them through EDGE's APIs, so traders can execute on the partner platform of their choice while using EDGE Pro for banking and capital allocation.

"Markets are becoming increasingly automated and global, but the infrastructure for accessing and moving capital on prediction markets falls short of real-world demand," said Seni Thomas, Founder and CEO of EDGE Markets. "EDGE Markets is creating a secure, programmable layer between institutional capital and the platforms, counterparties and agents authorized to use it. That allows firms to automate at scale while maintaining clear control over how much capital can move and where it can go, including nights and weekends."

Solving the weekend margin problem

EDGE Markets has also scaled EDGE Connect - their private banking rails - to address the structural challenge for perpetual and other 24/7 markets: trading never stops, but traditional banking rails still do. When a margin call occurs overnight or during a weekend, traders are often unable to send a bank wire before the required deadline. That creates unnecessary liquidation risk for market participants and can force clearing houses to maintain substantial reserves to cover the gap until banking systems reopen.

With EDGE Connect, traders can pre-authorize an approved clearing house to pull additional margin automatically, up to a predetermined limit. This allows legitimate margin obligations to be met when they arise while preserving strict controls over the amount and recipient.

"Capital efficiency is a key focus for many of our clients and partners," stated Oscar Levy, CEO of River Markets. "The fully-collateralized nature of event contracts, combined with liquidity fragmentation across venues, presents a unique and important challenge. We are excited to collaborate with the EDGE Markets team to facilitate quicker and more efficient capital deployment for our customers across  exchanges."

"Money movement is one of the most stubborn constraints on unlocking a business's full potential and profitability. Seni and his team grasp this better than most, and they're confronting it head-on," said Gino Donati, President of OpenMarkets.ai. "Every operator and institution we've spoken with cites the same two priorities: visibility and scalability. The solutions we're building together address those needs for the people on the front lines and in the back office alike. We're excited to partner with EDGE Markets in several meaningful ways in the near future."

"Clearing houses should not have to tie up hundreds of millions of dollars simply because a margin call happens outside banking hours," Thomas said. "By allowing firms to establish permissions in advance, we can help reduce avoidable liquidations, improve capital efficiency and make always-on markets more resilient."

The capabilities are designed for a market in which execution platforms, clearing houses, trading algorithms and AI agents increasingly need controlled, real-time access to capital. Rather than granting open-ended authority, EDGE Markets enables institutions to establish a defined operating perimeter for each participant, including approved counterparties and daily allocation limits.

Powering execution across emerging markets

Through EDGE Markets, partners can now route capital alongside their transactions across venues, eliminating the need for users to manage funding across multiple trading accounts. Platforms handle execution while EDGE Markets manages the funding behind each trade. The programmatic and agentic controls also allow partners to scale trading for their clients, with firm limits on how capital moves. For example, with EDGE Markets, ParlayX clients with an EDGE Pro account will no longer need to fund a separate account for every venue they trade on. They can fund their trades in one step from one place, with spending limits they set themselves.

"The biggest concern we hear from our clients is the lack of capital access and EDGE Markets' programmatic access is a major step forward," said Andrew Gonzalez, Founder and CEO of ParlayX. "ParlayX handles everything that happens once capital reaches the venue, but not the movement of the capital itself. EDGE Markets handles the movement of capital, but its role ends once the funds arrive. Together, a firm can now consolidate its capital in EDGE and trade it through ParlayX with full institutional controls, in one continuous workflow. Each product makes the other more useful. We expect this to be a highly productive partnership for both companies."

"Pikkit has always been about giving users one place to understand and act across all of their accounts," said Pranav Tadikonda, Founder of Pikkit. "Our integration with EDGE is a natural extension of that vision. Pikkit users with an EDGE account will be able to see their EDGE balance alongside their existing sportsbook balances, and over time we're excited to remove even more of the friction involved in accessing and moving capital to place bets and trades across multiple platforms. As we begin enabling users to trade directly on prediction markets through Pikkit, a seamless capital layer becomes increasingly important."

"Agentic finance will only scale if institutions can automate without surrendering control," Thomas added. "The future is not unrestricted access. It is programmable access—with clear permissions, enforceable limits and institutional-grade safeguards built into the movement of money."

The new programmatic capital allocation and agentic access capabilities will be available later this year.

About EDGE Markets

EDGE Markets is a U.S. financial services company that empowers users with financial transparency, supporting emerging verticals such as betting, gaming and casinos. Its original product, EDGE Boost, is the first responsible financial platform for smart bettors. It is the first betting-only debit card account that is FDIC and/or NCUA deposit insurance up to $10,000,000 or more through Cross River Bank, Member FDIC, and Participating Institutions.1

About River Markets

River Markets is a financial technology company building the first prime brokerage for prediction markets. Headquartered in San Francisco, River Markets provides leading hedge funds, proprietary trading firms, and professional traders with unified execution, risk management, and portfolio infrastructure across prediction-market exchanges.

About OpenMarkets.ai

The Infrastructure Layer bringing Operators and Institutions the best lines and odds across all markets. OpenMarkets aggregates and normalizes prices across sports books, exchanges and prediction markets, so every order routes to the best available line. One Platform. Simplifying Your Business.

About ParlayX

ParlayX builds institutional trading infrastructure for prediction markets. Market makers, funds and trading firms use ParlayX to operate as a single organization across venues, with permissioned access for each trader, segregated capital, trade execution, unified market data and consolidated accounting. The company is headquartered in New York. For more information visit, parlayx.com.

About Pikkit

Pikkit is a sports betting and prediction markets platform that brings users' betting activity and research into one place. Users on Pikkit sync bets and positions across leading sportsbooks, DFS platforms and prediction markets, giving them real-time tracking, performance analytics, line shopping and social features. Pikkit is expanding its platform to make it easier for users to discover, track and trade across prediction markets directly from the Pikkit app.

1.

Deposit accounts are held at Cross River Bank, Member FDIC, and are insured up to $250,000 per depositor. Through our relationship with IntraFi® Network Deposits℠, funds may be eligible for additional FDIC insurance coverage by being distributed across participating network banks, up to $10,000,000 in aggregate for consumer accounts enrolled in the applicable program. FDIC insurance coverage is subject to applicable terms and conditions, including account structure, account ownership categories and regulatory requirements. The EDGE Boost Visa® Debit Card is issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc., and is not available to all residents of U.S. territories. Account limits and other applicable terms are described in our Terms of Service and Cardholder Agreement and CRB Account Agreement.

SOURCE EDGE Markets

21%

more press release views with 
Request a Demo

Modal title

Also from this source

EDGE Markets Partners with Splash Sports to Bring 24/7 Banking to the $21 Million NFL Survivor Contest

EDGE Markets Partners with Splash Sports to Bring 24/7 Banking to the $21 Million NFL Survivor Contest

EDGE Markets, a financial services company purpose-built for prediction markets, gaming, and crypto, today announced a partnership with Splash...

EDGE Markets Launches with zerohash to Enable Real-Time Stablecoin Account Funding for 24/7/365 Markets

EDGE Markets Launches with zerohash to Enable Real-Time Stablecoin Account Funding for 24/7/365 Markets

zerohash, the leading onchain infrastructure provider, and EDGE Markets, the platform for trading and gaming customers, today announced a partnership ...

More Releases From This Source

Explore

Cryptocurrency

Cryptocurrency

Cryptocurrency

Cryptocurrency

Financial Technology

Financial Technology

Financial Technology

Financial Technology

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content

About

  • About PR Newswire
  • About Cision
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2026 Cision US Inc.