The US Securities and Exchange Commission late Tuesday approved Cboe Exchange's proposed rule change permitting it to list binary options tied to specified key performance indicators reported by several large public companies.
Under the rule change, Cboe may list binary KPI contracts based on financial and operating metrics of 23 companies, including Apple (AAPL), Alphabet (GOOG, GOOGL), Amazon (AMZN), JPMorgan Chase (JPM), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Space Exploration Technologies (SPCX).
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