Charles Schwab to Enter S&P 500 Prediction Market

PANews, June 20 – According to The Wall Street Journal, Charles Schwab is partnering with Cboe Global Markets to launch a new type of options contract that allows clients to place "yes/no" bets on the direction of the S&P 500 index, marking the brokerage's first foray into prediction markets. This feature is expected to roll out to Charles Schwab clients in the coming months.

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