Cboe expands prediction markets with Russell 2000 binary options

Cboe Global Markets launched binary options tied to the Russell 2000 Index on Monday, expanding its prediction market offerings to include contracts linked to US small-cap stocks.
The new mini-Russell 2000 Index (MRUT) binary options, which trade under the ticker MRTBW, allow investors to make directional yes-or-no trades based on whether the index settles above or below a specified level.
The contracts…