Particle.news
Download on the App Store
14 ARTICLES
·
2mo ago

Nasdaq Seeks SEC Approval to List Outcome-Related Binary Options on Nasdaq-100

Approval would place fixed-payout yes-or-no bets under securities oversight rather than the CFTC’s event‑contract regime.

Photo: Brendan McDermid
Image
The Nasdaq logo is displayed at the Nasdaq Market, in New York City, New York, U.S., February 27, 2026. REUTERS/Jeenah Moon
Nasdaq wants investors to make yes or no bets on its index amid event trading boom

Overview

  • Nasdaq filed a rule change proposing Outcome-Related Options tied to the Nasdaq-100 and the Nasdaq-100 Micro indexes.
  • Each contract would trade between $0.01 and $1 and settle at $1 if the specified outcome occurs, otherwise expiring worthless.
  • The products would be listed as securities options subject to SEC review, and no approval has been granted or timeline disclosed.
  • The plan arrives as major players expand event-style trading, with Cboe developing similar all-or-nothing offerings and platforms like Coinbase and Gemini rolling out regulated markets.
  • Prediction-market activity has surged, with February volumes on Kalshi and Polymarket reported around $18.4 billion, intensifying pressure on regulators to clarify SEC–CFTC boundaries.