According to China's "Regulations on the Management of Futures Trading", an option contract refers to a standardized contract uniformly formulated by futures trading places, which stipulates that the buyer has the right to buy or sell the agreed subject matter at a specific price at a certain time in the future. Simply put, an option is a financial product that is traded in a futures trading place with the prices of stocks, futures and other varieties as the target. In the transaction process, the rights of buyers and sellers need to be transferred, which has the function of avoiding price risk and serving the real economy.

Recently, many binary options websites have appeared on the Internet. With the slogan of "simplicity, convenience and quick return", these platforms use the Internet to attract investors to participate in binary options trading. It is understood that binary options, which is traded on these online platforms, evolved from overseas gambling, and its trading object is the price trend of foreign exchange, stocks and other varieties in a certain period of time in the future. Both parties to the transaction are online platforms and investors, and the transaction price and income are determined in advance. Its essence is to create risks for investors, and it does not have the function of avoiding price risks and serving the real economy. It is essentially different from the trading of options and financial derivatives supervised by our commission, and its trading behavior is similar to gambling. At present, the local public security organ has filed a case of Internet platform fraud in binary options.

It should be noted that most of these websites are registered overseas, and there is no online filing information, and there is no actual office address in China. Once an investor is deceived, the loss is hard to recover. Please don't participate in such online binary options transactions to avoid losses; If you are infringed by such behavior, please report it to the local public security organ as soon as possible.