Cboe is developing a new simple trading product.

New Launch from Cboe: Simple Yes-No Contracts

Cboe Global Markets is working on a highly anticipated new product. This product will offer yes-no contracts that provide fixed all-or-none payments for specific events. The aim is to modernize binary-type derivatives for retail and institutional investors by utilizing a traditional options structure.

Cboe aims to overcome the challenges faced by past binary products by offering clearer terms and an improved user experience. The company has already initiated preliminary discussions with some brokerage firms and market makers. However, a launch timeline has not yet been established, nor have the events to be covered been finalized.