Indian express forex trading

Source India’, is organised by the Trade Promotion Council of India in association with the High Commission of India, Abuja with the support of the Nigeria-India Chamber of Commerce and Industry and the Lagos Chamber of Commerce and Industry, among others. Sandip Das, stated that the exhibition, holding in Lagos from Tuesday to Thursday, would be the largest Indian business buyers and sellers’ meeting in Nigeria, and would feature products from machinery, automobile and components, food spices, Information Technology, chemicals for paints, pigments for food, and plastic and rubber. Source India is a concept indian express forex trading to improve trade relations with target countries.

Nigeria is the fifth country where we are having this globally. These are strategic countries where we see a lot of potential. There will be about 100 delegates from India, coming not only to meet buyers for their products, but to also partner Nigerian businesses to manufacture products rather than exporting finished products. He noted that Nigeria and India had been trade partners for a long time, with India buying Nigeria’s crude and selling food items to the country. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. While binary options may be used in theoretical asset pricing, they are prone to fraud in their applications and hence banned by regulators in many jurisdictions as a form of gambling. Many binary option outlets have been exposed as fraudulent. The use of the names of famous and respectable people such as Richard Branson to encourage people to buy fake “investments” is frequent and increasing. Binary options “are based on a simple ‘yes’ or ‘no’ proposition: Will an underlying asset be above a certain price at a certain time?

Traders place wagers as to whether that will or will not happen. Investopedia described the binary options trading process in the U. This is called being “in the money. This is called being “out of the money. The bid and offer fluctuate until the option expires.

100 if the bet is correct, 0 if it is not. In the online binary options industry, where the contracts are sold by a broker to a customer in an OTC manner, a different option pricing model is used. Some brokers, also offer a sort of out-of-money reward to a losing customer. On non-regulated platforms, client money is not necessarily kept in a trust account, as required by government financial regulation, and transactions are not monitored by third parties in order to ensure fair play. Pape observed that binary options are poor from a gambling standpoint as well because of the excessive “house edge”. Let’s say you make 1,000 “trades” and win 545 of them.

In other words, you must win 54. Commodity Futures Trading Commission warns that “some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect given the payout structure. Many binary option “brokers” have been exposed as fraudulent operations. Manipulation of price data to cause customers to lose is common.