Chicago options exchange launches initial batch of products in prediction market series.

The Chicago Options Exchange has launched its new prediction market product line on the global market, including binary options contracts based on the mini S&P 500 index. The CBOE stated in a declaration that the relevant contracts are now available for trading on Interactive Brokers, with expected availability on the Charles Schwab platform in the coming months, with plans to gradually integrate with more retail broker channels in the future.