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In a move reflecting the accelerating innovation in event-based trading instruments, Cboe Global Markets has officially announced its entry into the prediction markets space. The company, which owns the VIX Index, launched its first products in this sector to meet rising consumer demand for short-term trading tools. This expansion aims to capitalize on the massive momentum seen in zero-day-to-expiration (0DTE) options and strengthen the firm's market share in the burgeoning event-trading landscape.
This strategic shift occurs as predictive trading platforms like Kalshi and Polymarket report record growth, processing billions in volume during major election cycles and economic events according to industry reports. Cboe enters a competitive field alongside other exchange operators such as CME Group, which offers similar event-based contracts. Per market data, 0DTE options now account for nearly 50% of total S&P 500 options volume, providing a robust and ready-made customer base for Cboe’s new prediction-oriented products.
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Sign InTraders should monitor CBOE stock levels, which stood at $257.42 at close on June 23, 2026, after hitting an intraday high of $264.6. The company's ability to migrate liquidity from unregulated prediction platforms to its regulated environment will be a key performance indicator. Looking ahead, the market will watch for catalysts such as the U.S. Initial Jobless Claims report on June 18, which typically drives significant volume in event-based trading instruments.