Cboe Weighs Relaunch of Binary Options for Retail Traders

Cboe’s planned return to fixed-payout retail contracts aims to offer regulated competition to crypto prediction markets such as Polymarket.

42d ago

Summary

Cboe Global Markets is in discussions to relaunch binary options contracts for retail investors, positioning them as regulated alternatives to crypto prediction markets like Polymarket. These all-or-nothing instruments would undergo thorough legal review, with potential oversight by the SEC or CFTC. Cboe previously introduced similar index-linked products in 2008 but later delisted them.

Terms & Concepts

Binary Options: A type of financial contract that pays a fixed amount if a specific condition is met, or nothing if it is not.
SEC (U.S. securities regulator): The Securities and Exchange Commission, which oversees securities markets and protects investors in the United States.
CFTC (U.S. derivatives regulator): The Commodity Futures Trading Commission, which regulates futures and options markets in the United States.