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Thursday, 2 October 2014
Learning where Binary Options are traded
Binary Options are widely popular in Europe and are traded in major European exchanges, like EUREX. In the United States, there are a few places where Binary Options can be traded. The Chicago Board of Trade (CBOT) offers Binary Options trading on the Target Fed Funds Rate. To trade these contracts, traders must be members of the exchange or investors are required to trade through such members to execute a trade - the value of each contract is $1000.Nadex: a U.S.-based, U.S.-regulated Binary Options exchange. Nadex offers a range of expiration opportunities (daily, hourly, weekly) that allow traders to take a view on market developments. The choice is of a great extent. Indeed, there are over 2,400 Binary Options contracts each day. These ranges from commonly known currency pairs such as GBP/USD to key commodities such as gold and oil. Members funds are held in a separated U.S. bank account, in accordance with CFTC regulation, adding an extra layer of security.
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