Euro dropped significantly vs. the US Dollar in this trading session |
Financial binary options were created by two very intelligent economists in a 1973 paper which sought to simplify the trading of underlying assets and minimizing risk.
With that, binary options were born. Binary options were created so that the average layman on the street could easily trade with absolutely no knowledge of how the market really works with all of its complexity.
Instead, it reduces trading to simple yes/no questions which anyone can answer and learn about. This has proved to be hugely popular for everyone involved.