{"id":37036,"date":"2026-03-02T19:26:04","date_gmt":"2026-03-02T19:26:04","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=37036"},"modified":"2026-03-02T19:26:04","modified_gmt":"2026-03-02T19:26:04","slug":"nasdaq-files-for-outcome-related-options-product-in-bid-to-siphon-market-share-from-kalshi-and-polymarket","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=37036","title":{"rendered":"Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2022\/10\/nasdaq-executive-massive-demand.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" \/><\/p>\n<p>The Nasdaq wants to compete with Polymarket and Kalshi.<\/p>\n<p>The stock exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to list and trade \u201cOutcome-Related Options\u201d (OROs).<\/p>\n<p>If approved, OROs would entitle buyers to receive a fixed amount based on whether the settlement price of the underlying contract is at, above, or below a predetermined strike price at expiration, according to the Nasdaq <a href=\"https:\/\/listingcenter.nasdaq.com\/assets\/rulebook\/mrx\/filings\/SR-MRX-2026-05.pdf\" rel=\"noopener\" target=\"_blank\">filing<\/a>.<\/p>\n<p>The Nasdaq isn\u2019t the only exchange going to bat against prediction markets: A Wall Street Journal <a href=\"https:\/\/www.wsj.com\/finance\/cboe-in-talks-to-bring-back-all-or-nothing-options-to-vie-with-prediction-markets-3acd64e4\" rel=\"noopener\" target=\"_blank\">report<\/a> last month indicated the derivatives exchange Cboe Global Markets has been in talks with retail brokerages to restart \u201call-or-nothing\u201d options contracts.<\/p>\n<p>The Nasdaq\u2019s OROs would be regulated by the SEC and trade in the range of $0.01 to $1.00, mimicking the structure of prediction market platforms like Polymarket and Kalshi. Predictions market platforms are regulated by the Commodity Futures Trading Commission (CFTC) rather than the SEC, however.<\/p>\n<p>In a <a href=\"https:\/\/www.youtube.com\/watch?v=Bn5YQoFcJBU\" rel=\"noopener\" target=\"_blank\">hearing<\/a> with the Senate Banking, Housing, and Urban Affairs Committee last month, SEC Chair Paul Atkins noted that coordinating jurisdiction between his agency and the CFTC on prediction markets is a \u201chuge issue\u201d both regulators are focused on.<\/p>\n<p><em>\u201cI can surely say that the two agencies will be harmonized more than ever before, and so we\u2019re meeting once a week to do that with our staff.\u201d<\/em><\/p>\n<p><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span>Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span><em>Featured Image: Shutterstock\/Wirestock Creators<\/em><\/span><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/03\/02\/nasdaq-files-for-outcome-related-options-product-in-bid-to-siphon-market-share-from-kalshi-and-polymarket\/\">Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Nasdaq wants to compete with Polymarket and Kalshi. The stock exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to list and trade \u201cOutcome-Related Options\u201d (OROs). If approved, OROs would entitle buyers to receive a fixed amount based on whether the settlement price of the underlying contract is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37037,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-37036","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=37036\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"The Nasdaq wants to compete with Polymarket and Kalshi. The stock exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to list and trade \u201cOutcome-Related Options\u201d (OROs). If approved, OROs would entitle buyers to receive a fixed amount based on whether the settlement price of the underlying contract is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=37036\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-02T19:26:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2022\/10\/nasdaq-executive-massive-demand.jpg?resize=1024,600\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket\",\"datePublished\":\"2026-03-02T19:26:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036\"},\"wordCount\":384,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/nasdaq-executive-massive-demand-xJTfjG.webp\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=37036\",\"name\":\"Nasdaq Files for \u2018Outcome-Related Options\u2019 Product in Bid To Siphon Market Share From Kalshi and Polymarket - 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The stock exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to list and trade \u201cOutcome-Related Options\u201d (OROs). 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