---
title: "Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts: WSJ"
url: https://thecoingazette.com/charles-schwab-is-working-with-cboe-to-launch-sp-500-yes-or-no-binary-options-contracts-wsj/
date: 2026-06-20
modified: 2026-06-21
author: "Coin Gazette Editorial"
description: "The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate."
categories:
  - "Crypto News"
tags:
  - "cboe"
  - "Charles Schwab"
  - "Companies"
  - "Finance firms"
  - "Kalshi"
  - "Market"
  - "polymarket"
  - "prediction-market"
  - "S&P 500"
  - "TradFi banks"
  - "wsj"
word_count: 20
---

# Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts: WSJ

The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.