Moomoo to distribute NYSE binary stock options to US retail clients

Moomoo will offer New York Stock Exchange all-or-nothing stock options to US retail traders, the broker announced Wednesday, becoming the fourth named distributor across three binary products now live or pending on US exchanges.

Each contract pays a fixed $100 or nothing depending on where a stock or ETF closes at expiry. The initial lineup covers six stocks including Apple, Nvidia and Tesla, alongside six ETFs tracking gold, silver, bitcoin, Treasuries and US equities. Five weekly expiries will be listed simultaneously, with contracts exercisable only at expiry.

The NYSE product is an SEC-regulated security, distinct from the CFTC-regulated Kalshi event contracts Moomoo added in June. Cboe lists yes-or-no options on the Mini-S&P 500 through Interactive Brokers and Charles Schwab, while Robinhood is lined up for Cboe's second product — contracts tied to company figures such as iPhone sales, cleared by the SEC in October. No two of the three products share a distributor.

Monthly event contract volume across the sector rose from roughly $1 billion in 2024 to more than $50 billion in July 2026, according to the Committee on Capital Markets Regulation.