Cboe Adds Mini-Russell 2000 Binary Options as Prediction…
By Rick Steves
AI summary of the source article
Cboe has launched binary options tied to the Mini-Russell 2000 Index under ticker MRTBW. The short-dated contracts, which began trading November 9, are centrally cleared via the Options Clearing Corporation and pay $100 or zero based on index settlement.
Why it matters
FTSE Russell's Shawn Creighton said the partnership "gives investors more ways to access small caps and manage risk."
Key facts
- Cboe launched Mini-Russell 2000 binary options under ticker MRTBW on November 9.
- The contracts pay $100 or zero depending on settlement against a specified threshold and expire on the same or next trading day.
- The options are centrally cleared through the Options Clearing Corporation and distributed through select retail brokers.
Source excerpt · FinanceFeeds
Cboe has launched binary options tied to the Mini-Russell 2000 Index , extending its prediction-markets suite from large-cap benchmarks into US small caps. The contracts, which began trading November 9 under ticker MRTBW, pay $100 or zero depending on whether the index settles at, above or below a specified level. Cboe says they are centrally cleared through the Options Clearing Corporation and av…