Cboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
Cboe launches prediction markets-style binary options tied to the Mini-S&P 500 Index, scaled to one-tenth the S&P 500 benchmark, allowing traders to take yes-or-no positions through broker platforms including Interactive Brokers, with fixed $100 or $0 payouts at settlement. Cboe Global Markets (CBOE) announced on June 23, 2026, the launch of Cboe Predicts, a new suite of binary options linked to the Mini-S&P 500 Index (XSP).