Binary Options Trading: An Educated Guess

Article source: financemagnates.com

Let’s put the cards on the table, what most people do not understand is that binary does not mean 50% – 50% chance.

The binary options market is an arena where any trader can gain or lose, depending on the asset outcome in one of two possible scenarios. Trade results are based on the all or nothing game, which encourages some traders to maximum risks in trading. Let’s take a moment to compare binary options examples with the definition of gambling. Is this comparison misleading? The answer to that question is a challenge even to legislators and experts in some developed jurisdictions. However, instead of condemning binary options trading, slightly raise your head and look it as a new opportunity for increasing revenues.

click here to read more

$354-billion forex war-chest too small to fight a crisis: World Bank Chief Economist Kaushik Basu

kaushik basu

Article source: economictimes.indiatimes.com

MUMBAI: World Bank Chief Economist Kaushik Basu today said the $354 billion of forex war-chest is not sufficient to fight a crisis and advocated accumulation of more currency assets as the right strategy.

“In today’s world where China has $ 4 trillion in foreign exchange reserves, $354 billion is not enough in case an exchange rate-related issue breaks out,” Basu, who was the chief economic advisor to the finance ministry in the UPA government, said during a lecture at IIT Bombay.

click here to read more

Nasdaq Continues Expansion into Forex Market with New Trading Platform

stock-market-stockrockandroll

Article source: investing.com

By Andy Traveller

The race between exchanges to gain a share of the decentralized $5.3 trillion per day foreign exchange (forex) market is heating up, with Nasdaq poised to launch a platform for forex trading in 2016, according to Reuters.

Hans-Ole Jochumsen, Co-President and Head of Nasdaq’s transaction business is clear that Nasdaq’s forex platform will benefit the industry by providing transparent pricing and reducing counterparty risk. There are two main problems in retail FX markets. How can customers be sure they receive the correct price and secondly the counterparty risk. “There are two main problems in retail FX markets. How can customers be sure they receive the correct price and secondly the counterparty risk,” said Jochumsen. “The criticism of banks and the fines show the market is not transparent and compliant and it speaks for it to be organized more like a stock market.” Reforming Forex Indeed, forex markets have come under increasing pressures from regulators in the last few years, which have levelled up to $10 billion in fines on banks for FX fixing and the manipulation of benchmark interest rates, such as LIBOR.

click here to read more