# CBOEPredictsPlatformLaunches

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On June 23, Cboe Global Markets launched Cboe Predicts, officially entering the prediction market space. The first products are binary options on the Mini-S&P 500 Index, with a fixed yes/no payout structure — $100 for correct predictions. Now live on Interactive Brokers, with Charles Schwab expected to follow. Traditional exchanges are accelerating their push into event-driven trading.

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