Partner Article

CMC Markets launches range of new binary products

CMC Markets, a leading global provider of online trading, has expanded its product portfolio with the launch of a range of new binary products available on its Next Generation platform via either a mobile, tablet or desktop.

CMC Markets’ binaries represents a dynamic way to trade on a limited-risk basis. Both active traders and those new to binaries will enjoy an unrivalled user experience. It features 100% automated execution and a specially crafted interface with CMC Markets’ multi-award winning platform that links seamlessly with its full charting package containing over 80 technical indicators.

Clients will be able to trade binaries across a broad range of popular FX pairs, indices and commodities in the form of a “yes or no” outcome. CMC Markets binaries will feature four specific binary types:

Ladders – A popular binary product that allows traders to speculate on whether the settlement price will be at or above a chosen strike level, in a certain timeframe One Touch – allows traders to speculate on the settlement price reaching a specified strike price during the binary timeframe Up/Downs – provides traders the opportunity to speculate on whether the settlement price will be at or above the previous period’s close at the end of the binary expiry Range – traders can speculate whether the settlement price will be within a specified range when the binary expires

For current CMC Markets clients the new binaries products can be accessed through their existing account. Traders will be able to take a position even when the markets are flat, so they can take full advantage of small price movements in times of low volatility.

Commenting on the launch, David Fineberg, Director of Trading, CMC Markets said: “I’m really excited about our new binary offer which has been completely developed in-house. Our ambition was to offer clients an intuitive, feature-rich experience that worked across all devices via one account, combined with the exceptional levels of reliability and servicing that clients expect from CMC Markets”.

The launch of binaries is part of CMC Markets’ extensive new product development pipeline which will see a number of new initiatives launched over the next 18 months. Binaries follow the highly successful launch of Countdowns in 2015.

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