Charles Schwab to enter prediction markets with S&P 500 wagers: WSJ
CoinTelegraph·
60-second summary
Charles Schwab is reportedly entering the prediction market with a new offering, allowing clients to place yes-or-no bets on whether the S&P 500 closes above or below a target price. The offering will not include more complex wagers, such as predicting exact price movements. This move aims to provide clients with a new way to engage with the market.
The offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price.