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2 clusters · 5 sources · 8 days · First seen · Last updated

SEC approval of Cboe KPI-linked binary options

Overview

The U.S. Securities and Exchange Commission (SEC) authorized Cboe to list binary options tied to the key performance indicators (KPIs) of 23 publicly traded American companies. These contracts function on a yes/no basis, paying a fixed amount if specific metrics—such as revenue, earnings per share, or production levels—reach predetermined thresholds. Participating companies include Coinbase Global, Robinhood Markets, and MARA Holdings.

Following this approval, Cboe Clear U.S., LLC (CCUS) received temporary registration from the SEC to operate as a Covered Clearing Agency. This allows the entity to clear securities products in addition to its existing capacity for futures and swaps. CCUS intends to use this registration to clear the new binary securities options, which are scheduled to list on the Cboe Options Exchange and become available on Robinhood during the fourth quarter of 2026.

Entities

SEC · Commodity Futures Trading Commission · Coinbase Global · U.S. Securities and Exchange Commission · Robinhood

Timeline

  1. [BUSINESS] 2 sources
    Cboe Clear U.S. receives temporary SEC registration

    Cboe Clear U.S. has secured temporary SEC registration to clear securities products, including binary options tied to corporate KPIs, which are expected to launch on Robinhood in late 2026.

  2. [BUSINESS] 3 sources
    SEC approves Cboe binary options tied to corporate KPIs

    The SEC has approved Cboe to list binary options based on the KPIs of 23 U.S. companies, including Coinbase and Robinhood, allowing traders to bet on metrics like revenue and production.

Sources

bhinfo.fr · fxnewsgroup.com · ilfaroonline.it · it-boltwise.de · stocktitan.net