Cboe Revives Mini-S&P 500 Binary Options After 10 Years as Kalshi, Polymarket Gain Ground
Updated
Updated · Bloomberg · Jun 23
Cboe Revives Mini-S&P 500 Binary Options After 10 Years as Kalshi, Polymarket Gain Ground
3 articles · Updated · Bloomberg · Jun 23
Summary
Cboe Global Markets on Tuesday relaunched binary options tied to the Mini-S&P 500 Index, reviving a product it had not listed for more than a decade.
The contracts let customers make a yes-or-no wager on whether the S&P 500 will reach a specified threshold, bringing a prediction-style format onto the exchange operator’s own platform.
Cboe said the move is aimed at competing with Kalshi and Polymarket, where similar event-style trading has become a popular fixture during the product’s long hiatus.