This paper introduces and evaluates a speech signal manipulation scheme that generates transient speech induced binaural beats (SBBs). These SBBs can only be perceived when different signals are presented dichotically (to both ears). Event-related potentials were recorded in 22 normal-hearing subjects. Dichotic stimulus presentation reliably evoked auditory late responses (ALRs) in all subjects using such manipulated signals. As control measurements, diotic stimulation modalities were presented to confirm that the ALRs were not evoked by the speech signal itself or that the signal manipulation scheme created audible artifacts. Since diotic measurements evoked no ALRs, responses from dichotic stimulation are a pure correlate of binaural interaction. While there are several auditory stimuli (mostly modulated sinusoids or noise) that share this characteristic, none of them are based on running speech. Because SBBs can be added to any arbitrary speech signal, they could easily be combined with psychoacoustic tests, for example speech reception thresholds, adding an objective measure of binaural interaction.