NYSE Amex is re-launching binary options as Binary Return Derivatives aka ByRDs. The attached link will bring you the informatioon posted on the NYSE website. https://www.nyse.com/products/options-byrds<O></O>
Interesting... but their example is very optimistic about the returns on such options. Traders outside the USA are already trading binary options with expiration times from 60 seconds to a couple of weeks with returns of 70% - 85% Source: http://binaryoptions.gs/
Are Binary Options more riskier than Weekly Options and as a consolation you get different tax-treatment of your profits? I saw Robert Green CPA article on Binary Options, they feel like Roulette, it's probably just me and my fear of losing lots of cash on products best left for professional Market Makers who can see the order-flow. When Mrs Clinton had her Future's Account managed by the huge whales, she made off good. Hormel and Tyson can see where Pork prices are heading. What was her gain, if we had the order screen from Goldman Sachs and JP Morgan I might join the Binary Option Revolution. "Hillary Clinton Invested $1,000, Netted $100,000 Through Trading By Angie Cannon, Frank Greve Knight-Ridder Newspapers: AP: Washington Post: Los Angeles Times: Newsday WASHINGTON - The disclosure that Hillary Rodham Clinton parlayed $1,000 into nearly $100,000 through highly speculative commodities trading may create political embarrassment for the Clintons, who have sharply criticized a national culture of greed during the Reagan and Bush years in the White House. But the information released yesterday by the White House covering investments in 1978 and 1979 also appears to support the couple's contention that they had done nothing illegal or unethical in the trades. As a presidential candidate, Bill Clinton had decried the speculative wealth-building of the rich during the Reagan and Bush years as "a gilded age of greed and selfishness, of irresponsibility and excess and of neglect." http://community.seattletimes.nwsource.com/archive/?date=19940330&slug=1902853
Looks like they go as low as 53% on the 60 second binary, IMO minimum payout should be 90% or greater. How can anyone accept a potential loss of 100% and only a 53% return?