Nasdaq Wants Investors to Make Yes or No Bets on Its | Crypto News

Date:

Nasdaq Wants Investors to Make Yes or No Bets on Its | Crypto Work Pro

Banner Ad

Nasdaq has filed a
request with the U.S. Securities and Exchange Commission (SEC) to checklist binary
choices tied to the Nasdaq‑100 index and its smaller micro
model.

Nasdaq’s submitting follows Cboe’s comparable plans to offer
prediction‑fashion derivatives. Both exchanges are responding to
investor demand for simplified methods to speculate on short‑time period
market actions. The transfer would enable merchants to make yes‑or‑no
bets on the index’s direction, increasing occasion‑fashion
trading into U.S. equity markets.

Demand Grows for Event-Based Trading

Under the proposal, every contract could be priced between
one cent and one greenback and pay a fixed quantity if the situation is met,
expiring nugatory in any other case.

The construction resembles prediction‑market
contracts used on crypto platforms reminiscent of Polymarket and Kalshi, the place costs
mirror the perceived odds of an occasion. While prediction‑market platforms are regulated by
the Commodity Futures Trading Commission, Nasdaq’s
binary choices could be subject to SEC oversight.

Crypto firms are additionally advancing into the space. Coinbase
has launched prediction markets for political and financial occasions, and Gemini
acquired CFTC approval in December to operate as a designated contract market
for occasion‑based mostly trading.

Joining Cboe, Coinbase, and Gemini

Cboe Global Markets can be shifting into this space with its
own model of all‑or‑nothing, yes‑or‑no
fashion contracts that intently resemble prediction‑market bets on occasions. The
exchange is exploring a regulated choices product that provides fixed, all‑or‑none
payouts, positioning it to compete with fast‑growing prediction platforms.

Bloomberg has equally reported that Cboe plans to roll out
choices that allow binary wagers on occasion outcomes as half of a broader push
into prediction markets, utilizing SEC‑regulated listed contracts reasonably
than the flippantly supervised or offshore constructions common in crypto‑based mostly
platforms.

This article was written by Jared Kirui at www.financemagnates.com.


Stay up to date with the newest developments in Crypto! Our web site is your go-to source for cutting-edge crypto information,

Clickable Banner
CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Share post:

Popular

More like this
Related

More than 80,000 HMRC letters sent to Brits amid | Crypto News

More than 80,000 HMRC letters sent to Brits amid...

Coinbase Routes Base App Users to Hyperliquid's | Crypto News

Coinbase Routes Base App Users to Hyperliquid's | Crypto...

SEC's New Crypto Rule Lets Tokens Raise $75 | Crypto News

SEC's New Crypto Rule Lets Tokens Raise $75 |...

Germany Leads MiCA Register With 22% of CASP Entities | Crypto News

Germany Leads MiCA Register With 22% of CASP Entities...

Bank of Russia Lets Brokers Count Crypto as Capital. | Crypto News

Bank of Russia Lets Brokers Count Crypto as Capital....

First Published MiCA Case Sees Bitpanda Fined EUR | Crypto News

First Published MiCA Case Sees Bitpanda Fined EUR |...

Gemini Calls the Segment That Brought In $500,000 Its | Crypto News

Gemini Calls the Segment That Brought In $500,000 Its...

RedotPay’s IPO Slips Toward 2027 Amid Binance Suit and | Crypto News

RedotPay's IPO Slips Toward 2027 Amid Binance Suit and...