Cboe takes a comeback prediction market! Traditional finance giants challenge Polymarket and Kalshi
Cboe is finally back!🎯
After a pause of more than ten years, the Chicago Board Options Exchange (Cboe) announced on June 23 the launch of the “Cboe Predicts” prediction market suite, bringing back binary options contracts on the Mini S&P 500 index.
Key points:
📌 Contract codes XSPBW (put) and XSPBX (call), fixed $100 payout
📌 SEC regulation, OCC clearing, already listed on Interactive Brokers
📌 A new “plus” feature allows traders to customize their risk range
📌 Directly targeting the prediction market space dominated by Polymarket and Kalshi
Interestingly, Cboe sidestepped the regulatory quagmire of politics and sports contracts, focusing purely on financial index contracts. That’s a smart move—it captures the hype of prediction markets while avoiding the biggest legal risks.
Traditional finance vs crypto-native prediction markets—this drama is getting more and more exciting. Will institutional-grade liquidity change the game?🤔
#CboePredicts #預測市場 #Binary Options
#CboePredicts #BinaryOptions