Charles Schwab And Cboe Plan S&P 500 Yes-Or-No Options As Prediction Markets Go Mainstream
TL;DR Charles Schwab is reportedly working with Cboe on binary choices tied to the S&P 500. The contracts would pay fastened money if a yes-or-no consequence is appropriate, with Cboe’s Plus Zone providing partial payouts in shut circumstances. The product is deliberate for the approaching months and isn’t but stay for retail customers. Event-Style Trading…
