Cboe launches first prediction-market product in June 2026

12 articles · Updated · Business Insider · May 7

Chief marketing officer Megan Goett said the debut will start with mini-SPX index options, or XSP, adding binary options and vertical spread options.
The exchange operator said the offering is aimed at financial-services users and designed to give regulated, lower-risk access to products that can otherwise be expensive or complex.
The move comes as Cboe pushes its corporate brand globally around flagship products such as the VIX and SPX, after shifting from a product-led "house of brands" approach.

With 70% of users losing on similar platforms, can Cboe’s new product actually be a safe investment for retail traders?

As Cboe launches its prediction market, can it truly separate 'investing' from 'betting' in the eyes of regulators and the public?