Binary options is a relatively simple financial transaction method. Usually, binary options determines the benefits and risks in advance, as well as the trading period of options. Before the expiration of the option contract, you can choose a call option or a put option according to the price trend of the underlying assets. Binary options only needs to judge the rising and falling direction of the price trend, and does not need to consider the range of price fluctuation, which is the biggest feature and the most prominent advantage of binary options. Therefore, binary options simplified the traditional financial transactions, but in fact, binary options relied on very complicated and scientific calculations to realize the derivative transactions of various underlying assets as simple options we saw and used, so binary options belongs to derivative financial transactions.
Binary options first appeared in the OTC market. With the Securities and Exchange Commission of the United States and the Chicago Board of Trade treating it as a formal financial transaction, binary options has developed rapidly. At present, Japan is the largest binary options trading market in the world, and all major securities institutions in Japan have binary options trading business. The Japan Financial Futures Association issued a comprehensive binary options regulation, which included binary options in the scope of supervision. Because binary options's transactions are simple and flexible, and are not affected by market fluctuations, binary options is becoming more and more popular. Many traditional financial institutions and foreign exchange trading companies have launched binary options trading to improve and supplement their traditional stock and foreign exchange trading. According to the data report of Meetrader, the world's largest binary options trading institution, in 20 13 years, the daily trading volume of the global binary options market has hit record highs, exceeding 85 million US dollars. In the week ending 20 13, it has set a single-day volume record for four consecutive trading days. Meetrader is also the platform with the largest number of traders in binary options, and most people do it on this platform.