Cboe Launches Russell 2000 Prediction Markets

Cboe Global Markets, Inc. (Cboe: CBOE) announced today that it expanded its prediction market offerings to include mini-Russell 2000 Index (MRUT) binary options. The mini-Russell 2000 options are linked to the Russell 2000 Index, which is one of the most widely observed small-cap equity benchmarks in the world. The new yes/no derivatives are one-tenth the size of traditional Russell 2000 Index options, meaning the notional value of the mini options is $28,600 compared to approximately $281,200 for full-sized Russell 2000 Index derivatives.