CBOE Launches Prediction Markets With S&P 500 Binary Contracts

CBOE Launches Prediction Markets With S&P 500 Binary Contracts

Cboe Global Markets has launched its new prediction markets platform, Cboe Predicts, as the company enters the prediction trading market with a new suite of securities-based products.
The new offering includes binary option contracts tied to the Mini-S&P 500 Index, trading under the symbols XSPBW and XSPBX, which are already available through Interactive Brokers. Access through Charles Schwab is expected in the coming months. Cboe also said additional brokerage firms are likely to add support over time, broadening access to the new contracts.
New Prediction Markets Suite
According to the official press release, the new products allow traders to make predictions on where the Mini-S&P 500 Index, or XSP, will settle at expiration. Traders can take a “yes” position if they believe the index will close at or above a specified level or choose a “no” position if they expect it to finish below that level. The XSP index tracks the performance of the S&P 500 Index but is scal

Czytaj więcej

We współpracy z: https://cryptopotato.com/cboe-launches-prediction-markets-with-sp-500-binary-contracts/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy