Cboe Introduces Cboe Predicts, Launching First Products in New Prediction Markets Suite

Cboe Introduces Cboe Predicts, Launching First Products in New Prediction Markets Suite

Cboe Global Markets enters prediction markets with Cboe Predicts, featuring a three-outcome payout model on S&P 500 contracts and a Charles Schwab

Global markets operator Cboe has launched its first prediction markets products to meet consumer demand in the fast growing sector.

The contracts are currently available on Interactive Brokers and are expected to launch on Charles Schwab in the coming months.

Cboe launches its first prediction market product tied to the closing price of the S&P 500, citing a growing investor demand for binary options contracts.

...citing a growing investor demand for binary options contracts.