Catenaa, March 02, 2026- Nasdaq has filed with the Securities and Exchange Commission to introduce binary yes-or-no options tied to the Nasdaq 100 Index.
This marks its first formal move into products resembling prediction markets.
The proposal outlines contracts called Outcome Related Options linked to the Nasdaq-100 Index and its micro version. The instruments would trade between $0.01 and $1, with pricing reflecting market expectations about a defined outcome.
If approved, the contracts would be listed as securities options under SEC oversight.
That structure would distinguish them from many existing event contracts that typically fall under the jurisdiction of the Commodity Futures Trading Commission.
The format mirrors probability-based trading popularized by platforms such as Polymarket and Kalshi, where contracts settle at $1 if correct and expire worthless if not.
Combined monthly trading volume on Kalshi and Polymarket reached about $18.4 billion in February, extending a streak of record activity.
