Binary Options for the Commodities Markets

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The Binary Options standard for the Commodities markets Standard aims to describe the characteristics of a type of transaction which is used by participants in the Commodities markets and which this Standard terms a Commodity Binary Option and to set out certain expected behaviours of wholesale market participants that enter into them.

This Standard applies to wholesale Commodities market participants, including banks, dealers, investment managers, non-bank liquidity providers, hedge funds, corporates, trading houses, inter dealer brokers, and market infrastructure providers active in the Commodities markets.