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SEC approves Cboe event contracts tied to corporate KPIs ahead of Robinhood debut

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SEC approves Cboe event contracts tied to corporate KPIs ahead of Robinhood debut

Cboe Global Markets has received approval from the US Securities and Exchange Commission (SEC) to list event contracts based on corporate key performance indicators (KPIs). The exchange operator first proposed the derivatives in July. According to its original filing, there could be 100 contracts l…

Cboe Global Markets has received approval from the US Securities and Exchange Commission (SEC) to list event contracts based on corporate key performance indicators (KPIs). The exchange operator first proposed the derivatives in July. According to its original filing, there could be 100 contracts linked to the KPIs of 23 publicly traded companies, including Apple, Google parent Alphabet, Amazon,...