Cboe Launches Cboe Predicts Prediction Platform

According to an official announcement, the Chicago Board Options Exchange (Cboe) has launched the first products under its Cboe Predicts prediction market suite, including binary options contracts based on the Mini S&P 500 Index (XSP), with ticker symbols XSPBW and XSPBX. These products are now available on Interactive Brokers and are scheduled to be rolled out to additional retail brokerage platforms—including Charles Schwab—over the coming months.