Quantum Code Review
For many years binary options were only available as part of other platforms but could not be traded on their own. All of this changed in 2008 when the Chicago Board of Exchange made them available as a stand-alone market. That year the North American Derivatives Exchange (NADEX) began to make them available. With the latest developments of the internet and its wide availability trading binary options became more popular. Since they have been included in the major Exchanges they have become a very important part of the entire exchange market. This means that they are also subject to many governmental regulations.The most basic premise of the binary options market is for investors to make a prediction about the changes in an underlying asset's price. Traders choose an asset that is available on the broker's platform and then they make a prediction about which direction the price is likely to move. They will purchase this contract on an asset, not the actual asset. This contract can be for a week or a month but typically the expiry is much a much shorter time frame such as an hour. The trader observes market changes and watches world events that might have an influence on prices of assets and then predicts the direction the price is likely to move. If they feel the price will increase they purchase a call option; and if they feel it will decrease they purchase a put option. Binary options are short term contracts. The process of trading is relatively simple and the quick profitability makes them very attractive to traders.
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