Business
Charles Schwab Is Working With Cboe to Launch S&P 500 Binary Options on Friday — and the $11.8 Trillion Brokerage Has Just Walked Into Polymarket and Kalshi's Lunch
The Wall Street Journal reported Friday that Schwab and Cboe will launch S&P 500-linked binary options for retail customers in the coming months. Schwab's 47 million accounts will sit one tab over from contracts Polymarket and Kalshi have spent three years building a category around.
·Oliver Bradford
