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A binary option (also called a digital option) is a cash settled option that has a discontinuous payoff. Binary options come in many forms, but the two most basic
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Binary Options allow e-Traders to purchase an option that pays either a fixed amount – or – nothing. Also known as a Fixed Return Option, FRO, or Digital Option.
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This article explores the question what are options and the key differences and similarities with binary potions and traditional options. Let's explore.
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