Nasdaq Joins Wall Street Push For Prediction Markets
One of Nasdaq’s options exchanges, Nasdaq MRX, has filed to offer cash-settled, binary-style contracts on the Nasdaq-100 Index, adding to a wave of Wall Street firms testing the prediction market waters. Nasdaq, the firm behind the second-largest stock exchange by market capitalization, is looking to offer “Outcome Related Options” for yes-or-no bets, priced between 1