Despite controversy and accusations ranging from gambling to insider trading, prediction markets like Kalshi and Polymarket have surged in popularity in recent years. Now, even Nasdaq wants to dip its toes into event-based trading.
Nasdaq is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch new outcome-based options tied to major indexes, according to a regulatory filing submitted Monday.
The exchange plans to roll out what it calls “outcome-related options” connected to the Nasdaq-100 Index, which tracks the 100 largest non-financial companies listed on the exchange, including Apple, Nvidia, Meta, Amazon, and Tesla. Nasdaq is also seeking approval to offer the contracts on the Nasdaq-100 Micro, a smaller index designed for smaller trades.
These binary options would allow traders to place yes-or-no bets on specific outcomes, such as, whether the Nasdaq-100 will close above or below a certain level by a specific date.
The contracts would be priced between $0.01 and $1, with the price reflecting the market’s estimate of the probability of the outcome. If the event occurs, the contract pays out. If it doesn’t, it becomes worthless.
Nasdaq did not immediately respond to a request for comment from Gizmodo.
The move comes as prediction markets have become mainstream despite intense scrutiny. Platforms like Kalshi and Polymarket have been around since 2018 but really started gaining attention after accurately forecasting major events such as the outcomes of the 2024 presidential election and 2025 New York City mayoral race.
Major media institutions are also partnering with these marketplaces, lending them additional credibility. CNN teamed up with Kalshi last year, while the Golden Globes partnered with Polymarket earlier this year. Most recently, the Associated Press announced today that it will provide Kalshi with data and race calls for national and state elections.
Meanwhile, critics of these marketplaces have raised concerns over the potential of insider trading, especially where bets involving major world events are concerned, such as the downfall of former Venezuelan President Nicolas Maduro or the U.S. strikes on Iran.
While both companies publicly discourage insider trading, Polymarket openly encourages those with exceptional knowledge to leverage their expertise on the market.
“If you’re an expert on a certain topic, Polymarket is your opportunity to profit from trading based on your knowledge, while improving the market’s accuracy,” the company’s user guide says.
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![‘Backrooms’ Wants You Back and Is Adding More Rooms (Footage)
Backrooms, the surprise hit of the summer, wants you back in the room. And by room, we mean theater. Its distributor, A24, is reportedly gearing up to release a new version of the film with 15 extra minutes of footage starting on July 3. According to the AMC Theaters website, the Backrooms: Everything Must Go Edition “includes 15 minutes of new, theatrically exclusive post-credit bonus footage from [director] Kane Parsons.” What exactly is in that footage, we don’t know, and surely A24 is hoping you go to the theater to find out. We would be very, very surprised, though, if it expands too greatly on the mythology of the world or its creepy, ambiguous ending. That’s certainly the hope, but with a sequel almost certainly on the way, we’d imagine most secrets will be held until then. And yet, what about Backrooms has been traditional so far? We’re just speculating. It could very well be a whole new ending with twists and turns about what exactly the backrooms are, where they came from, and what their purpose is. The move comes as the summer season really heats up with the upcoming releases of Minions & Monsters, The Odyssey, and Spider-Man: Brand New Day over the next few weeks. Currently, Backrooms sits at about $185 million domestically but grossed only about $4 million this past weekend, good enough for sixth place.
Adding additional footage to get a few more repeat viewings is probably aimed at crossing the $200 million mark domestically, which would be an incredible feat. Not that grossing over $185 million in the U.S. and over $330 million worldwide isn’t already an incredible feat on its own.
Are you ready to head back to the theater to see more Backrooms? Is there anything that could be added that would be a disappointment? Let us know below. And to check if the Backrooms: Everything Must Go Edition is coming to your local theater, check its ticketing website. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Backrooms #Adding #Rooms #FootageBackrooms,Kane Parsons ‘Backrooms’ Wants You Back and Is Adding More Rooms (Footage)
Backrooms, the surprise hit of the summer, wants you back in the room. And by room, we mean theater. Its distributor, A24, is reportedly gearing up to release a new version of the film with 15 extra minutes of footage starting on July 3. According to the AMC Theaters website, the Backrooms: Everything Must Go Edition “includes 15 minutes of new, theatrically exclusive post-credit bonus footage from [director] Kane Parsons.” What exactly is in that footage, we don’t know, and surely A24 is hoping you go to the theater to find out. We would be very, very surprised, though, if it expands too greatly on the mythology of the world or its creepy, ambiguous ending. That’s certainly the hope, but with a sequel almost certainly on the way, we’d imagine most secrets will be held until then. And yet, what about Backrooms has been traditional so far? We’re just speculating. It could very well be a whole new ending with twists and turns about what exactly the backrooms are, where they came from, and what their purpose is. The move comes as the summer season really heats up with the upcoming releases of Minions & Monsters, The Odyssey, and Spider-Man: Brand New Day over the next few weeks. Currently, Backrooms sits at about $185 million domestically but grossed only about $4 million this past weekend, good enough for sixth place.
Adding additional footage to get a few more repeat viewings is probably aimed at crossing the $200 million mark domestically, which would be an incredible feat. Not that grossing over $185 million in the U.S. and over $330 million worldwide isn’t already an incredible feat on its own.
Are you ready to head back to the theater to see more Backrooms? Is there anything that could be added that would be a disappointment? Let us know below. And to check if the Backrooms: Everything Must Go Edition is coming to your local theater, check its ticketing website. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Backrooms #Adding #Rooms #FootageBackrooms,Kane Parsons](https://gizmodo.com/app/uploads/2026/06/Backrooms-furnature-pile-1280x853.jpg)

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