Cboe Launches Mini-Russell 2000 Index Binary Options
News related to:Cboe Global Markets, Inc · 2 min read
CHICAGO, Nov. 9, 2026 /CourierPR/ -- Cboe Global Markets has expanded its prediction markets suite by launching mini-Russell 2000 Index (MRUT) binary options. These options, which began trading on November 9, allow investors to make yes-or-no trades on a leading small-cap index, providing a new avenue for retail investors to engage with the U.S. small-cap equity market.
The binary options, with a ticker of MRTBW, are 1/10th the size of the Russell 2000 Index. They pay $100 if the MRUT settles at, above, or below the specified level, depending on the trade. For instance, an investor who bets that the MRUT will close above 280 will receive $100 if the index closes at 280 or higher, and the contract will pay $0 if the index closes below 280.
The Russell 2000 Index, a subset of the Russell 3000 Index, measures the performance of the small-cap segment of the U.S. equity market. It includes approximately 2,000 of the smallest companies based on a combination of their market capitalization and current index membership. The index is designed to represent approximately 98% of the investible U.S. equity market.
Cboe has seen record demand in its traditional Russell 2000 Index (RUT) options suite, with an average daily volume of 85 thousand contracts through the first three quarters. With the launch of MRUT binary options, Cboe's prediction markets suite now includes the ability to trade outcomes tied to small-cap and large-cap (S&P 500 Index) equities.
The Options Clearing Corporation, located at 125 S. Franklin Street, Suite 1200, Chicago, IL 60606, will centrally clear the MRUT binary options. Cboe's prediction markets offerings are available through select retail brokers and leverage the protections of the U.S. registered securities trading environment.
Cboe Global Markets, a leading global markets operator and pioneer in equity and index derivatives, has been operating a listed options exchange since 1973. The company has pioneered landmark products, including the introduction of S&P 500 index options and the creation of the VIX Index, the world's leading gauge of market volatility.