Nasdaq Proposes SEC Approval for Binary Options Based on Nasdaq-100 Indexes

Nasdaq has filed a proposal with the SEC to introduce binary options tied to the Nasdaq-100 and Nasdaq-100 Micro Indexes. The Outcome Related Options, priced from $0.01 to $1, will allow investors to place bets on specific market outcomes. If approved, the product will mark Nasdaq’s entry into prediction-market-style trading, a growing trend also seen on platforms like Cboe, Coinbase, and Gemini.

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