Saxo Bank Unveils FX Binary Touch Options

Saxo Bank, an online trading and investment specialist, has rolled out six binary touch options on its trading platform.

Saxo Bank, an online trading and investment specialist, has rolled out six binary touch options on its trading platform, Web Wire reports. Initially, the options will be offered in six currency pairs, EURUSD, USDJPY, GBPUSD, EURJPY, EURGBP and AUDUSD.

The options will be tradable from the bank’s FX Options Board, where clients are already able to trade regular FX Vanilla Options. Saxo Bank will allow clients to close-out long or short positions at the current market price prior to expiry.

Click here for the story from Web Wire.