Nasdaq has filed a
request with the U.S. Securities and Change Fee (SEC) to checklist binary
choices tied to the Nasdaq‑100 index and its smaller micro
model.
Nasdaq’s submitting follows Cboe’s related plans to supply
prediction‑type derivatives. Each exchanges are responding to
investor demand for simplified methods to invest on brief‑time period
market actions. The transfer would permit merchants to make sure‑or‑no
bets on the index’s path, increasing occasion‑type
buying and selling into U.S. fairness markets.
Demand Grows for Occasion-Based mostly Buying and selling
Beneath the proposal, every contract could be priced between
one cent and one greenback and pay a set quantity if the situation is met,
expiring nugatory in any other case.
The construction resembles prediction‑market
contracts used on crypto platforms corresponding to Polymarket and Kalshi, the place costs
mirror the perceived odds of an occasion. Whereas prediction‑market platforms are regulated by
the Commodity Futures Buying and selling Fee, Nasdaq’s
binary choices could be topic to SEC oversight.
Learn extra: CFTC Flags Insider Dangers in Prediction Markets as Kalshi Sanctions Two Merchants
Crypto firms are additionally advancing into the house. Coinbase
has launched prediction markets for political and financial occasions, and Gemini
obtained CFTC approval in December to function as a chosen contract market
for occasion‑based mostly buying and selling.
Becoming a member of Cboe, Coinbase, and Gemini
Cboe World Markets can be shifting into this house with its
personal model of all‑or‑nothing, sure‑or‑no
type contracts that intently resemble prediction‑market bets on occasions. The
trade is exploring a regulated choices product that gives mounted, all‑or‑none
payouts, positioning it to compete with quick‑rising prediction platforms.
LATEST: ⚡ Cboe is growing binary choices with all-or-none payouts on yes-or-no occasion contracts to compete with prediction platforms like Polymarket and Kalshi, based on the Wall Road Journal. pic.twitter.com/NKJPqpAVM6
— CoinMarketCap (@CoinMarketCap) February 2, 2026
Bloomberg has equally reported that Cboe plans to roll out
choices that allow binary wagers on occasion outcomes as a part of a broader push
into prediction markets, utilizing SEC‑regulated listed contracts fairly
than the flippantly supervised or offshore constructions widespread in crypto‑based mostly
platforms.
The volumes within the prediction markets appears to be attracting
the large gamers. Finance Magnates reported firstly of the yr that, prediction markets hit a brand new file with $701.7 million traded in a single day.
Kalshi led the surge, producing $465.9 million in exercise,
about two-thirds of the overall, whereas Polymarket and Opinion collectively
contributed round $100 million. The milestone surpassed the day before today’s file of $666.6 million,
with Kalshi protecting a dominant market share.
The sturdy begin to 2026 builds on Kalshi’s explosive development
final yr, when the trade processed $23.8 billion in complete transactions, an
enhance of greater than 1,100% from 2024.
This text was written by Jared Kirui at www.financemagnates.com.