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NYSE plans all-or-nothing options on Nvidia, Apple and Tesla as prediction markets reach record volumes, CryptoCompass reports
- NYSE plans all-or-nothing options on Nvidia, Apple and Tesla as prediction markets reach record volumes, CryptoCompass reports — The New York Stock Exchange is preparing binary return options that pay a fixed amount based on whether shares such as Nvidia, Apple and Tesla close above or below predetermined prices, with trading expected within days of its October 27 announcement and an initial list of 12 securities including the SPDR S and P 500 ETF. A separate NYSE proposal for options linked to company performance indicators such as quarterly revenue and earnings per share remains subject to SEC approval. (CryptoCompass)
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