Schwab Enters Prediction Markets Space via Partnership With Cboe
Charles Schwab is entering the prediction market space by offering binary options on the S&P 500 through a partnership with Cboe Global Markets. The product will feature fixed payouts based on index levels and include a 'Plus Zone' for partial returns, aiming to blend simplicity with regulated financial structures.
Tickers: $CBOE $SCHW $SCHW PRD
Topics: binary options Cboe Charles Schwab regulation S&P 500