Cboe Launches Prediction Markets
Cboe launches prediction markets suite with binary option contracts based on the Mini-S&P 500 Index
First products include binary option contracts based on the Mini-S&P 500 Index, listed under XSPBW and XSPBX. - - Contracts are available on Interactive Brokers and expected to roll out at Charles Schwab in the coming months, with additional retail brokerage platforms expected over time. - - Plans a future release to enable trading of XSP vertical spreads through the Quoted Spread Book framework.