Economic TimesLean R·
NYSE bets on all-or-nothing options as event driven trading gains traction
The New York Stock Exchange is preparing to launch a new type of options contract that will let investors make all or nothing bets on whether a stock or exchange traded fund finishes above or below a specified price, as demand grows for more targeted ways to trade market events.The binary return options are expected to begin trading within days, with 12 underlying securities initially, including Apple, Nvidia, Tesla and the SPDR S&P 500 ETF Trust. More securities are expected to be added ov…
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