Nasdaq Expands into Binary Options as Prediction Trading Gains Traction
Nasdaq has filed a proposal with the SEC to list binary options tied to major stock indexes, including the Nasdaq-100 Micro Index. The contracts, priced between one cent and one dollar, function as yes-or-no instruments reflecting short-term market expectations. Payouts are contingent on predefined conditions being met, offering traders a faster way to express directional views.
The MOVE mirrors broader industry trends, with Cboe also developing similar event-driven products. Platforms like Polymarket and Kalshi continue to attract users with outcome-based markets, underscoring growing demand for prediction-style trading instruments. Regulatory review of Nasdaq's filing is now underway.