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Schwab and Cboe Prediction Market Plan Targets S&P 500 Outcomes

2026-06-22 23:27:53

Abstract generation in progress

A June 20 Wall Street Journal report said Schwab is collaborating with Cboe on products tied to whether the S&P 500 closes above or below specified levels. Cboe materials describe Mini-SPX binary options with a traditional options wrapper, cash settlement, OCC clearing, and fixed-return outcomes. Customer-facing availability with Schwab remains unconfirmed.

SPX500-0.98%

SPX1.46%

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