VIX owner Cboe jumps into prediction markets to build on zero-day options growth

Government

Global markets operator Cboe has launched its first predictions markets product, the latest financial-markets company working to capitalize on consumer demand in the fast-growing sector. The offering includes binary option contracts based on the Mini-S&P 500 Index, the company said in a press release on Tuesday. Prediction markets, which allows users to speculate on various real-world events such as sports and even political outcomes, have been rising in popularity among investors. The combined

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