Nasdaq Needs Traders to Make Sure or No Bets on Its Index amid Occasion-Buying and selling Increase

[ad_1] Nasdaq has filed a request with the U.S. Securities and Alternate Fee (SEC) to listing binary choices tied to the Nasdaq‑100 index and its smaller micro model.

Nasdaq’s submitting follows Cboe’s comparable plans to supply prediction‑model derivatives. Each exchanges are responding to investor demand for simplified methods to take a position on brief‑time period market actions. The transfer would permit merchants to make sure‑or‑no bets on the index’s course, increasing occasion‑model buying and selling into U.S. fairness markets.

Demand Grows for Occasion-Based mostly Buying and selling

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

The construction resembles prediction‑market contracts used on crypto platforms resembling Polymarket and Kalshi, the place costs mirror the perceived odds of an occasion. Whereas prediction‑market platforms are regulated by the Commodity Futures Buying and selling Fee, Nasdaq’s binary choices could be topic to SEC oversight.

Learn extra: CFTC Flags Insider Dangers in Prediction Markets as Kalshi Sanctions Two Merchants

Crypto corporations are additionally advancing into the house. Coinbase has launched prediction markets for political and financial occasions, and Gemini acquired CFTC approval in December to function as a chosen contract market for occasion‑based mostly buying and selling.

Becoming a member of Cboe, Coinbase, and Gemini

Cboe World Markets can be shifting into this house with its personal model of all‑or‑nothing, sure‑or‑no model contracts that carefully resemble prediction‑market bets on occasions. The alternate is exploring a regulated choices product that provides fastened, all‑or‑none payouts, positioning it to compete with quick‑rising prediction platforms.

LATEST: ⚡ Cboe is growing binary choices with all-or-none payouts on yes-or-no occasion contracts to compete with prediction platforms like Polymarket and Kalshi, based on the Wall Road Journal. pic.twitter.com/NKJPqpAVM6

— CoinMarketCap (@CoinMarketCap) February 2, 2026 Bloomberg has equally reported that Cboe plans to roll out choices that allow binary wagers on occasion outcomes as a part of a broader push into prediction markets, utilizing SEC‑regulated listed contracts relatively than the evenly supervised or offshore constructions widespread in crypto‑based mostly platforms.

The volumes within the prediction markets appears to be attracting the massive gamers. Finance Magnates reported at the beginning of the 12 months that, prediction markets hit a brand new document with $701.7 million traded in a single day.

Kalshi led the surge, producing $465.9 million in exercise, about two-thirds of the full, whereas Polymarket and Opinion collectively contributed round $100 million. The milestone surpassed the day before today’s document of $666.6 million, with Kalshi conserving a dominant market share.

The robust begin to 2026 builds on Kalshi’s explosive progress final 12 months, when the alternate processed $23.8 billion in complete transactions, an enhance of greater than 1,100% from 2024.