Dexterity

At present financial fixed odds betting suffers from a paucity of available
strategies compared with conventional options. Spreadbetting companies’
binary offerings are usually restricted to the regular upbets, downbets and
rangebets in regular or one-touch/no-touch mode; but this is very plain
fare in comparison to what’s available on the high table of the OTC
market. Knock-Out bets, Knock-In bets, Onions and bets on two separate
assets are all available and over time are likely to, with one handle or
another, enter the trader’s vocabulary. Of course the trading community
will require educating in order that they may use these instruments
proficiently, but this is standard in all new markets. Once the trading
community has a clearer understanding of binaries, there will no doubt
be increased pressure on mainstream exchanges to issue binaries on their
current products – with the CBOT’s introduction of a binary on the Fed
Funds rate the process has already started.