Charles Schwab to Enter S&P 500 Prediction Market

CoinFeed June 20 news, according to The Wall Street Journal, Charles Schwab is collaborating with Cboe Global Markets to launch a new type of options contract that allows clients to make "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 be rolled out to Charles Schwab clients in the coming months.