Cboe wins SEC approval to list binary options on company KPIs
- —SEC approved Cboe's rule change on October 13, 2026
- —Contracts pay $1 if a KPI meets its strike, $0 if it falls short
- —About 23 US-listed companies, including Apple and Tesla, are in the first batch
- —Robinhood is the first retail distributor; fees waived through December 31, 2026
Why it matters: The launch hinges on SEC temporary registration of Cboe Clear U.S.; approval opens a new way to trade corporate fundamentals.
Source: Crypto Briefing