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Tuesday, June 23, 2026

Cboe Revives Binary Options to Compete with Kalshi, Polymarket

 


Cboe Global Markets, Inc. announced Tuesday that it has brought back a type of S&P 500 contract after a hiatus of more than a decade, which in the meantime has become a popular mainstay of prediction market platforms Kalshi and Polymarket.

The Chicago-based derivatives exchange operator is listing binary options on the Mini-S&P 500 Index, the company said in a statement on Tuesday. The products will allow customers to place a yes or no bet on whether the S&P 500 will hit a certain threshold.

https://www.bloomberg.com/news/articles/2026-06-23/cboe-revives-binary-options-to-compete-with-kalshi-polymarket

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