Charles Schwab Enters Prediction Markets with S&P 500 Options
Charles Schwab is entering prediction markets by offering binary options on the S&P 500 in partnership with Cboe Global Markets. These contracts allow customers to wager yes-or-no bets based on whether a specific index level will be met, and are expected to launch soon. A companion product using Cboe's 'Plus Zone' feature is also being developed.
Tickers: $CBOE $SCHW $SCHW PRD
Topics: Cboe Charles_Schwab prediction_markets S&P_500_options