Binary Options contracts have long been available over the counter and were considered to be an "exotic" instrument, without any l..
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Binary Options contracts have long been available over the counter and were considered to be an "exotic" instrument, without any liquid market for trading them
In 2007 the OCC (options clearing corporation) has proposed a rule change to allow Binary Options trading followed by the SEC (Securities and Exchange Commission) which approved listing of such instruments in 2008.
In 2008 AMEX (American stock exchange) has launched European, cash-or-nothing, Binary Options options, and CBOE (Chicago board option exchange) followed with its own launch in June 2008.
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