Charles Schwab is working with Cboe to launch S&P 500 ‘yes-or-no’ binary options contracts: WSJ

Charles Schwab is working with Cboe to launch S&P 500 ‘yes-or-no’ binary options contracts: WSJ

The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.

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