LONDON, July 21, 2016 /PRNewswire/ --
There is no arguing that there has been a major financial technology revolution over the past few years. Only a decade ago, we were completely oblivious of crowd funding, peer to peer landing, Bitcoin, blockchain protocols, and many more financial innovations. One of the most innovative, and fascinating instrument that has been coined "the rising star" is the Binary Option. Binary Options have played one of the most intricate roles in revolutionizing the derivative trading industry, by bringing it to the layman, to the masses. No longer is derivative trading restricted to professional brokers or investors; the Binary Option has made it so that anyone can be a trader.
The Binary Option is actually a derivative product that has been used by professional investors for decades. The bulk of the global OTC derivatives market boasts a notional value of $500 Trillion. Just for comparison, the size of the global stock market is only $62 Trillion. The Warren Buffett company, Berkshire Hathaway posted $633m in gains from derivatives contracts last year, up from $329m in 2014. However, rising FinTech has created user-friendly binary option platforms, so that not only big investors can use derive instruments, but basically anyone with the slightest interest in the market who has a 3G signal.
Henceforth, the uprising of the retail derivative trader in the last few years is due to the progress in the technology infrastructure and cost reductions. The average U.S. Internet speed has more than tripled since 2011 from 10 Mbps to 31 Mbps.
The cost of cloud infrastructure has dropped more than 90% over the last decade.
All of these changes and more have made trading derivatives available not only to fortune 500 companies and billionaires, but also for the regular internet surfer with a credit card. Today there are millions of retail binary option traders who trade with online brokerages like Bbinary, 24option and IG (IG: market cap of 3 Billion GBP).
As the technology continues to develop, and to support the continuous and expanding innovate demands of retail derivatives, there is a movement of major companies joining the industry, such as the NYSE Amex Options platform. 
"The introduction of Binary Return Derivatives, or ByRDs, on NYSE Amex Options gives investors access to a new, simple income-generation tool with the same level of flexibility as standard listed options, plus a straightforward, fixed return," said NYSE Head of Options Ivan Brown. "We're excited to offer investors these innovative and solutions-driven investing tools."
5. http://insights.wired.com/profiles/blogs/2014-in-the-cloud-three-things-we-ve-learnt-so-far#axzz4E0hhbaeB [http://insights.wired.com/profiles/blogs/2014-in-the-cloud-three-things-we-ve-learnt-so-far ]
"We are living in an exciting time that the rapid growth of technology innovation keeps us alert every day." says Ran Amiran, President of SpotOption.
SpotOption is a technology company who develops trading platform for derivative products.
SpotOption was established in 2009, and has 250 employees in offices around the globe, including London, HK, and the Middle East.
1 Royal Exchange Avenue, London EC3V 3LT
+44 20 70 48 6666