Saxo to launch streaming exotic binary options

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Saxo Bank will offer binary touch options to clients on its SaxoTrader trading platform in the second quarter, the bank has told FX Week.

Binary touch options, also known as American digitals, fall into two categories: ‘one touch' and ‘no touch'. The buyer of a one-touch option receives a fixed payout if spot reaches a certain level at any time during the life of the option. Meanwhile, the buyer of a no-touch option receives a fixed payout if spot never reaches a certain level during the life of

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