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Markets2h 13m ago

Charles Schwab is working with Cboe Global Markets to launch new options contracts allowing customers to make yes-or-no wagers on the performance of the S&P 500.

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United States

Who
Charles Schwab, Cboe Global Markets
What
Charles Schwab is working with Cboe Global Markets to launch new options contracts allowing customers to make yes-or-no wagers on the performance of the S&P 500.
When
Fri, 19 Jun 2026 17:51:12 GMT · 2h 13m ago
Where
United States ·
Why
The launch marks Schwab's first move into prediction markets, joining a rapidly expanding industry with platforms like Coinbase and Robinhood.
The Frontline Impact

How this affects you

This development positions Schwab as the latest entrant in the prediction markets industry, increasing competition and expanding the types of speculative products available to retail customers for financial market outcomes.

Story chain

5 events in this thread
  1. Markets2h 10m ago
    Charles Schwab is working with Cboe Global Markets to introduce all-or-nothing options contracts that allow customers to place yes-or-no wagers on the performance of the S&P 500.
    Open article
  2. Markets2h 10m ago
    Charles Schwab is working with Cboe Global Markets to introduce all-or-nothing options contracts and an options offering with a Cboe feature that allows traders to earn a partial payout.
    Open article
  3. Currently Reading2h 13m ago
    Charles Schwab is working with Cboe Global Markets to launch new options contracts allowing customers to make yes-or-no wagers on the performance of the S&P 500.
  4. Markets3h 36m ago
    Charles Schwab is partnering with Cboe Global Markets to launch prediction markets offering all-or-nothing options contracts tracking the S&P 500.
    Open article
  5. Markets3h 36m ago
    Brokerage firm Charles Schwab is set to launch prediction markets, offering all-or-nothing options contracts tracking the S&P 500 in collaboration with Cboe Global Markets.
    Open article

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