Binaries definition

A - B - C - D - E - F - G - H - I - L - M - N - O - P - Q - R - S - T - U - V - W - Y

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Binaries are a type of financial derivative, also referred to as binary options or binary bets.

Essentially, binaries are a simplified form of option that offer a yes/no outcome. If the trader makes the correct choice, they will make a defined profit. If they make the wrong choice, they will make no return at all and lose the amount paid to open the trade.

Because they only require a yes/no proposition and a time period, binary options can be traded on a huge variety of markets. That includes not only currencies, commodities, indices and stocks, but also special markets like political elections or economic announcements (such as non-farm payrolls). The length of a binary can also vary hugely, from short-term trades to events weeks into the future.

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Find out more about digital 100 binaries with IG.

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