Traders give Goldman Sachs about a 68.5% chance. Morgan Stanley follows at 41.5%, Bank of America follows at 1.1%, and Citigroup follows at 0.6%. Compare prices from Kalshi and Polymarket. The largest cross-platform price difference is 27.0 percentage points.
Market RulebooksOfficial settlement criteria and edge cases
Market Rulebook: Which bank will lead OpenAI's IPO?
Official settlement criteria, resolution sources, and edge cases across Kalshi.
Kalshi
Primary Rule
If Morgan Stanley serves as lead-left underwriter on OpenAI's initial public offering in the United States before Jan 1, 2028, then the market resolves to Yes.
Edge Cases
If two or more underwriters are presented on the cover of the final prospectus as jointly occupying the lead-left position, such that no single underwriter is uppermost-and-leftmost (for example, two names sharing equal top billing), then each such underwriter's outcome resolves to $1/(the number of tied underwriters), rounded down, for “Yes”, and “No” will be paid $1 minus the Yes value.
What factors influence which bank will lead OpenAI's IPO?
Factors include the bank's reputation, previous IPO experience, and relationships with OpenAI. Market conditions and investor interest also play a crucial role.
Why is OpenAI's IPO significant for the financial sector?
OpenAI's IPO represents a major event in the tech industry, potentially setting benchmarks for future tech IPOs. It could attract substantial investment and reshape market dynamics.
How do prediction markets reflect the likelihood of different banks leading the IPO?
Prediction markets aggregate collective insights and expectations from investors about which bank may lead the IPO. Shifts in odds can indicate changing perceptions based on news, analysis, or market trends.
What does the Which bank will lead OpenAI's IPO prediction market track?
The outcomes listed above show how traders are pricing this question. Compare outcome prices from Kalshi, Polymarket in one place. Each price reflects the market’s implied probability, not a guaranteed result.
What are the latest Which bank will lead OpenAI's IPO odds?
The latest available prices are Goldman Sachs: 65.0¢ on Kalshi, 72.0¢ on Polymarket; Morgan Stanley: 28.0¢ on Kalshi, 55.0¢ on Polymarket; Bank of America: 1.1¢ on Polymarket; Citigroup: 1.0¢ on Kalshi, 0.3¢ on Polymarket. Prices are quoted in cents per $1 share. Check the venue for executable prices and available liquidity.