FinanceThe Blockabout 6 hours ago
Schwab and Cboe launch S&P 500 binary options
1 min read
Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts. The contracts will pay out a fixed amount if the index settles above or below a specified strike price at expiration. This move aims to offer retail investors a simpler derivatives product.
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