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Cboe Launches Cboe Predicts Prediction Market Suite With Mini-S&P 500 Binary Options on Tuesday

2026-06-24 07:32:42

SPX500-0.25%

According to Cboe's Tuesday press release, Cboe Global Markets launched Cboe Predicts, its new prediction markets suite featuring binary option contracts based on the Mini-S&P 500 Index (XSP). These contracts allow customers to bet on S&P 500 performance at one-tenth the size of the full index, making them more accessible to retail traders.

The contracts, listed under tickers XSPBW and XSPBX, are currently available on Interactive Brokers and expected to launch on Charles Schwab in the coming months.

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