Coalescence of Risk Taking: CBOE Eyes Prediction Markets

CBOE is considering adding prediction markets to their offerings, driven by the "coalescence of risk taking" over the last two years. The company specializes in financial instruments and financial contracts, but is witnessing a convergence of risk taking in options, stocks, futures, and prediction markets. Prediction markets are seen as a more accessible option for new traders, with a yes or no format that is easier to understand than options. CBOE believes that event contracts can be a good introduction to risk and market attention for new traders.