#binarycontracts β Public Fediverse posts
Live and recent posts from across the Fediverse tagged #binarycontracts, aggregated by home.social.
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NASDAQ getting into Prediction Markets - Sort of!
NASDAQ is seeking SEC approval to offer "binary option" contracts tied to the Nasdaq-100 and Nasdaq-100 Micro Index only - NOT on outcomes related to other events, such as sports, culture, or politics.
The contracts are essentially a bet reflecting the marketβs view of the probability that a specific outcome will occur.
Contracts will be priced between 1 cent and $1, would pay a fixed amount if a specified condition is met and expire worthless if it is not. AKA either the condition is met, and the bettor walks away with a profit, or the option expires worthless.
The SEC is involved b/c the NASDAQ is under their regulation unlike Prediction Markets which currently fall under the
Commodity Futures Trading Commission (CFTC) .NASDAQ is also looking to offer Outcome-Related Options on other NASDAQ exchanges, including NASDAQ NOM and NASDAQ PHLX. https://www.coindesk.com/markets/2026/03/02/nasdaq-follows-cboe-joining-world-of-binary-bets-as-prediction-market-craze-hits-wall-street #NASDAQ #Contracts #SEC #CFTC #PredictionMarkets #BinaryContracts #Nasdaq100