Charles Schwab plans S&P 500 prediction markets with Cboe

The offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price.

Global financial institution Charles Schwab is the latest firm hoping to steal a piece of the growing prediction market pie.

Charles Schwab has entered the prediction markets business through a partnership with Cboe Global Markets, introducing new contracts tied to the performance of the S&P 500. According to a Wall Street Journal report, the brokerage firm is working with Cboe…

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The US-Iran ceasefire boosts market optimism, but its temporary nature and deferred nuclear talks suggest potential volatility ahead. The post Nasdaq, S&P 500 close sharply higher on US-Iran peace deal appeared first on Crypto Briefing.