Nasdaq Seeks $0.01–$1 Binary Options Approval and Presents at TMT Conference
Nasdaq filed for SEC approval to launch binary Outcome Related Options priced $0.01–$1, entering regulated prediction markets alongside ICE’s $2B-backed Polymarket and CME-FanDuel offerings. Executives also outlined growth priorities at the Morgan Stanley Technology, Media & Telecom 2026 Conference.
1. SEC Filing for Binary Outcome Related Options
Nasdaq submitted a proposed rule change to introduce Outcome Related Options, enabling traders to place yes-or-no wagers priced between $0.01 and $1. This move would position the exchange in the prediction market space under SEC jurisdiction, competing with CFTC-regulated platforms such as Kalshi and Polymarket.
2. Strategic Outlook at TMT Conference
At the Morgan Stanley Technology, Media & Telecom 2026 Conference, Nasdaq executives highlighted initiatives including digital asset expansion and new derivatives products. The presentation underscored the company’s focus on innovation in market structures and diversification of revenue streams.