#NasdaqEntersPredictionMarkets: A New Era of Event-Based Trading 🚀
Nasdaq's move into prediction markets is not just a product launch, but a major convergence of traditional finance and probabilistic forecasting (convergence).
🔹 What Is Nasdaq Doing?
Nasdaq is introducing binary, event-based contracts on its flagship indices (Nasdaq-100 and Nasdaq-100 Micro Index).
Simple "Yes/No" Bets: Traders can speculate whether an index will reach a certain level or not.
Fixed Payouts: The value of these contracts will range from $0.01 to $1.00, reflecting the (probability) of an event.
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