Saxo Bank launches FX Binary Touch Options

Saxo Bank launches FX Binary Touch Options

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Saxo Bank has announced the launch of six Binary Touch Options on its trading platform. The Binary Touch options will initially be offered in six currency pairs; EURUSD, USDJPY, GBPUSD, EURJPY, EURGBP, and AUDUSD. They will be tradable from Saxo Bank's FX Options Board, where clients are already able to trade regular FX Vanilla Options. Gustave Rieunier, Global Head of FX Options & Forward Trading at Saxo Bank, says, "Adding Binary Touch Options trading to our platform bridges the gap between FX Spot and FX Vanilla Options and meets the recent demand in the market for wanting to trade in the global currency market in a simple, straight forward manner."

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