SEC Approves Nasdaq Pilot for Tokenized Stocks and S&P 500 ETFs

SEC Approves Nasdaq Pilot for Tokenized Stocks and S&P 500 ETFs

On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved Nasdaq’s pilot proposal to support the trading of tokenized versions of stocks and other securities on the electronic exchange. According to a filing, eligible participants will be able to settle trades in tokenized form during a pilot program operated by the market infrastructure firm Depository … Read more

NASDAQ Files for Binary Options on NASDAQ-100 Index

NASDAQ Files for Binary Options on NASDAQ-100 Index

Global stock exchange and financial technology provider Nasdaq is making an aggressive push to enter the predictions market space after filing an application with the U.S. Securities and Exchange Commission (SEC) to launch a new class of “Outcome-Related Options.” Nasdaq MRX, one of Nasdaq’s subsidiary options exchanges, has applied to offer cash-settled, binary-style contracts on … Read more