Cboe to Launch Prediction Market Contracts Beyond Binary Bets, Offering ...

Cboe Introduces Innovative Prediction Markets Framework, Expanding Choice Beyond Yes-Or-No Outcomes

/PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced its vision for a new...

Cboe to launch prediction market contracts beyond binary bets, offering ...

Cboe Unveils New Prediction Markets Framework

Cboe Global Markets has outlined plans for a new prediction markets framework that moves beyond the binary yes-or-no payout model used in traditional event contracts.  The company said the approach, inspired by vertical spreads in options trading, is intended to make outcome-based trading more flexible and accessible for retail participants. Under the patent-pending structure, contracts will include three potential payout outcomes: zero, a parti…

Cboe Introduces Innovative Prediction Markets Framework

Cboe Introduces Innovative Prediction Markets Framework, Expanding Choice Beyond Yes-Or-No Outcomes CHICAGO and BOCA RATON – March 9, 2026 – Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today announced its vision for a new and innovative prediction markets framework that aims to redefine how people engage with outcome-based trading. Drawing inspiration from concepts in the traditional o…

Cboe To Offer 'Payout Zone' Third Option on Prediction Markets

Prediction markets have functioned as a yes-or-no, all-or-nothing system, with payouts occurring only if a market resolves a certain way. Will Michael B. Jordan win the Oscar? Yes or No. Will Fernando Mendoza be the No.1 overall pick in the NFL draft? Yes or No. Simple, binary choices with clear $0 or $1 per contract resolution. The binary system is highly restrictive for risk-averse individuals. Enter Cboe with a new idea: what if, along with ‘…

Cboe's New S&P 500 Prediction Contracts to Let Retail Traders Get Partial Payouts

Cboe Global Markets has announced plans to launch a prediction market framework that allows traders to take positions on market outcomes beyond the traditional binary payout. The contracts are designed to expand outcome-based trading by providing payouts even when predictions are only partly correct.Prediction markets have attracted retail traders, with platforms like Robinhood and Kalshi reporting strong uptake. Exchanges including Intercontine…