Is this the end for binary options, the world's most useless financial product | Nils Pratley

There are limits to how far regulators are obliged to save individuals from their own stupidity, but binary options are a clear case for interventionThe most useless financial product invented this century is probably the binary option. It is a fancy name for the opportunity to guess whether the value of a share, a commodity, an index or a currency will rise or fall over a short period of time. Absurdly, such periods can be just 30 seconds.Since price movements over such a timeframe are virtuall