SEC grants accelerated approval for Cboe binary options on key performance indicators

The SEC granted accelerated approval for Cboe Exchange to list $1-or-nothing binary options overlying key performance indicators reported by certain entities, making Cboe the first securities exchange cleared to offer options tied to public companies' performance metrics. The approval covers 116 KPIs from 23 companies, including MARA bitcoin production and Coinbase revenue; Robinhood is expected to be the first retail broker to offer them.

Detected & updated continuously · Source: Nebula