Cboe and Robinhood plan company-metric binary options for October
Cboe ($CBOE) and Robinhood ($HOOD) plan to introduce binary options linked to company-specific performance indicators, initially covering 23 US-listed companies. The products are expected to launch in October, subject to regulatory approval, with Robinhood serving as the first retail broker to distribute them. Contracts would trade on Cboe’s registered US securities exchange under SEC oversight. The initiative could expand both companies’ event-driven trading businesses, but approval and custome
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