Binary options, in the form of insurance from unpredictable jumps in prices are applied for a long time by wholesale dealers, exporters and producers. Their principle of work – purchase of the rights to acquisition of goods on in advance fixed price.
Recently to replace off-exchange practice Forex binary options have appeared. Their main difference from futures and forward transactions – absence of strict liabilities of the buyer on implementation of the purchase rights of. Binary options became classics of operations on the stock exchange. The intermediaries assuming risks of goods acquisition for the purpose of its further resale passed to contracts without real goods that reduced overheads for their delivery and storage. Reduction of costs promoted growth of number of bidders and liquidity of the financial markets.
The beginning of options trade regulation was put in 1973 with Chicago board options exchange establishment. At the exchange a special commission controlled execution of obligations which were undertaken by sellers of option contracts. Forex binary options were the next step of development. Thanks to simplicity and transparency of the rules, which are strictly controlling risks, popularity of options among traders abruptly grew up. Therefore in 2008 Chicago board options exchange included Forex binary options in the register and in 2011 they appeared in our place. According to forecasts of financial analysts it will lead to noticeable redistribution of funds in the domestic market of short-term online trading.