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Charles Schwab with Cboe venturing into prediction markets

Summary by Seeking Alpha
Charles Schwab (SCHW) and Global Markets (CBOE) plan to launch options contract linked to the performance of the S&P 500 (SP500). Read more here.

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Charles Schwab is preparing to enter the growing business of financial forecasting markets with S&P 500-related contracts and a possible alliance with Cboe, in a movement that expands his recent offensive in digital assets and new market products. *** Charles Schwab plans to offer contracts on S&P 500 performance through Cboe Global Markets. The product would include binary bets on index levels and a function called “Plus Zone” to reward the clo…

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Seeking Alpha broke the news in United States on Saturday, June 20, 2026.
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