January 5, 2017

History of Binary Options

Binary options have existed for many years. However, they were only initially available to large scale investors, with options being provided ‘over the counter’.

In 2008, the US Securities and Exchange Commission allowed the fixed return options to be traded over an exchange, allowing the Chicago Board Options Exchange and the American Stock Exchange to offer binary trading on certain underlying assets. Although initially, the range of assets was limited, Nadax began offering exchange traded options in the US, as the markets developed.