Nasdaq seeks SEC approval for prediction markets options on major stock index

[The Buzz]

Nasdaq has asked the U.S. Securities and Exchange Commission for approval to introduce prediction market-style options tied to a major stock index, according to a recent regulatory filing.

The move reflects a broader push by major U.S. exchange operators to expand into event-based prediction markets, which let users wager on the outcome of real-world events. Interest in the space has grown rapidly and moved further into the mainstream since the 2024 U.S. presidential race.

From Reuters:

The New York-based exchange operator is seeking to list binary ⁠options on its Nasdaq 100 index and the Nasdaq ​100 micro index, according to the proposal.

The so-called Outcome-Related Options will ​be priced between 1 cent and $1 and let traders bet on binary outcomes of a specific event.
A binary option - also known as "all-or-nothing" option - is ​a type of contract that offers payout based on the outcome of ​a yes-or-no bet.

The Nasdaq 100 tracks 100 of the largest, non-financial companies *listed ⁠on Nasdaq's exchange, including Apple (AAPL.O), opens new tab, Nvidia (NVDA.O), opens new tab and Intel (INTC.O), opens new tab. The micro index is based on 1/100th of the full value of the Nasdaq 100.

Read more here: https://www.reuters.com/business/nas...ex-2026-03-02/