SEC approves Cboe KPI options tied to Robinhood prediction markets

Seekingalpha+1 · 3 hours ago
SEC approves Cboe KPI options tied to Robinhood prediction markets
  • The SEC approved Cboe Global Markets' application to list options linked to key performance indicators for some publicly traded companies.
  • The approval expands Cboe's prediction markets offerings in a partnership with Robinhood Markets.
  • Cboe is the first securities exchange approved to list options contracts tied to the performance metrics of publicly traded companies.

Quotes

“Cboe Global Markets Inc. won approval from the Securities and Exchange Commission to become the first securities exchange to list options contracts”— Bloomberg

Sources