Cboe Global Markets Inc. has filed with the US Securities and Exchange Commission (SEC) for approval to introduce a new class of binary options linked to corporate performance indicators rather than stock-price movements, according to a Bloomberg report.
The proposed 'binary KPI options' by Cboe would enable traders to speculate on whether a company achieves specific financial targets, offering an all-or-nothing outcome. This move represents a shift from traditional stock-price-based binary options to a focus on corporate KPIs.
