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Alpari Russia binary options traders can now tailor their own expiry times
Alpari Russia has issued a brief press release outlining the introduction of a new feature for its binary options trading module. The technology provider of the Russian arm of the major forex brokerage has made available a fresh addition to its platform by MarketPulse.
The new way to trade binary options is called “Options on Demand” and it is structured to provide customers with a free hand in determining their market exposure. Every trader can personally determine the time when a contract expires. It will be very interesting to see, whether this option will be somehow tweaked in relation to major news events.
After all after surprising data releases like for example last Friday’s US non-farm payroll report the crazy volatility surrounding an event can result in very heavy exposure to a one-sided market. The risk mitigation process for the binary options risk management desk might be quite difficult in such circumstances.
We will keep track for more details on this new solution at Alpari Russia. We should point out that Alpari Russia’s sister company, Alpari UK, offers binary options trading using rival SpotOption‘s platform.
For the full press release visit the website of the leading Russian forex broker.