Nasdaq MRX has filed with the U.S. Securities and Exchange Commission to introduce cash-settled binary options on the Nasdaq-100 Index. These "Outcome-Related Options" will allow traders to make simple yes-or-no bets on the index, with contracts priced between $0.01 and $1. The proposal focuses on major Nasdaq-100 stocks such as Nvidia, Apple, and Tesla, and may extend to other Nasdaq exchanges like NOM and PHLX. The move positions Nasdaq among a growing number of financial firms exploring prediction-market-style products within a regulated framework. If approved, these options would enable traders to take binary positions on financial outcomes linked to the Nasdaq-100, while explicitly excluding non-financial topics. This development comes as other major market operators, including Intercontinental Exchange and CME Group, also explore similar offerings, indicating increased competition in the space.