Electronic trading major IG Australia has confirmed there will be changes to its offering in line with the ban on binary options introduced by the Australian Securities and Investments Commission (ASIC). The broker has announced that binary products, including digital 100s and sprint markets, will no longer be available to its retail clients from May 3, 2021. Digital 100s are based on a single statement with a yes or no answer, and enable traders to speculate on the likelihood of a market event taking place. If traders predict the outcome correctly, the trade will return a profit. If not, they lose their original ... (full story)