Casino City's iGaming Pocket Directory - 2015 Edition

38 Sponsored by Financials Casino City’s iGaming Pocket Directory FINANCIALS INDUSTRY OVERVIEW More Games, More Values W88.com offers state-of-the-art technology that has innovated Asia’s best gaming products. W88.com has rapidly become the leader in today’s betting industry wtih revolutionary innovation in Sportsbetting, Live Dealer Casinos, Casino & Slots, P2P, Binary Options and Lottery games like KENO and iLOTTO. The site www.w88.com is wholly owned and operated by MARQUEE HOLDINGS LTD. under a license issued and granted by the First Cagayan Leisure & Resort Corporation, Philippines. ....................................................... Affiliates Manager Affiliate_Support@W88.com Skype: Affiliate_W88.com www.W88.com W88.com Binary options are similar to a futures contract where the trader predicts where the price will be in a certain timeframe, known as the “expiration.” These are transactions that require a certain amount of knowledge. How are the commodities markets doing? When is the next OPEC meeting? Is OPEC expected to increase or decrease production? Is demand for oil holding steady or rising? What’s refinery capacity looking like these days? They also require a feel for the marketplace. How does the market respond to certain types of news? Will the price go up if OPEC does what is expected? Or will the price only go up if OPEC goes in a different direction? And after factoring in all of the available variables, will the price close above a certain mark, or below a certain mark? Traders can even profit from predicting whether a price will break out of its range or touch a certain price in a certain timeframe. Because these are trades against a position, and no assets are bought and sold, the only limit to available markets is the imagination – or what your provider is willing to offer. SPREAD BETTING Much like options trading, spread betting requires a good feel for the market. A typical spread bet is predicting whether a market will move up or down. Let’s say a trader thinks a financial index is going to go down in value. A trader could sell for $5 per point. That is for each point the index drops, the trader would earn $5. If the index dropped 100 points, the trader would earn $500. But if the index went up 100 points, then the trader would lose $500. Once again, no assets are being purchased. Traders are simply taking a position against the market. FOREX Forex harkens back to the days of day trading, except with foreign currency. The basic goal is to buy currency before it appreciates, and to use that currency to buy more of another currency. Forex traders execute a series of short-term trades on the Foreign Exchange Market in an effort to turn a quick profit. Traders often jump in and out of the market throughout the day and continually monitor their positions. And like binary options and spread betting, it requires a good understanding of how economic factors drive the valuation of the market and currency valuations. Because foreign exchange trading happens at multiple financial hubs throughout the world, forex trading is nearly a 24-hour activity five days a week. In a sense, financial trading – whether it be options, spread betting or forex – is the new day trading. And it’s growing quickly in popularity.