Online trading account malaysia

Companies and pension funds routinely buy tens of millions of dollars in options to limit their loses as insurance.

That way if you own a binary option, it's a pure bet, you win or you lose. Because there is no economic reason to buy a binary option other than to gamble and because you can't hedge risk, the big banks stay away from binary options, which allows a lot of little players to come in.

Since I'm a former quant who used to work at big bank, this is what I think about binary options 1) You are gambling.