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Charles Schwab Launches S&P 500 Prediction Contracts With Cboe

By Drooid · Oct 1, 2026, 11:00 PM UTC · How we work

Summary

Story summary

Charles Schwab partnered with Cboe Global Markets to launch S&P 500 prediction contracts.
Monthly volume on Kalshi, Polymarket and Polymarket US rose from under $5 billion in Sep 2025 to $44.8 billion in Jun 2026.
Platforms exceeded $50 billion in July 2026, showing rapid growth.
Bernstein projects 2026 prediction-market volume at $240 billion, 370% higher than 2025, and forecasts $1 trillion by 2030.
CFTC opened formal rulemaking in 2026 to govern event contracts, and several states challenged sports-related contracts.

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Story summary

Charles Schwab partnered with Cboe Global Markets to launch S&P 500 prediction contracts.
Monthly volume on Kalshi, Polymarket and Polymarket US rose from under $5 billion in Sep 2025 to $44.8 billion in Jun 2026.
Platforms exceeded $50 billion in July 2026, showing rapid growth.
Bernstein projects 2026 prediction-market volume at $240 billion, 370% higher than 2025, and forecasts $1 trillion by 2030.
CFTC opened formal rulemaking in 2026 to govern event contracts, and several states challenged sports-related contracts.