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TradeKing to Offer First, In-Depth Look at New Binary Return Derivatives (ByRDs) Options Product During Free Educational Webcast
[April 28, 2016]

TradeKing to Offer First, In-Depth Look at New Binary Return Derivatives (ByRDs) Options Product During Free Educational Webcast


TradeKing Group, Inc., an innovator in online brokerage and financial services, today announced its Senior Options Analyst, Brian Overby, will host a free one-hour webcast on Thursday, May 5th at 4:30 PM ET to address how traders can leverage the new Binary Return Derivatives (ByRDs) product recently introduced by the NYSE. A new exchange-traded options product, ByRDs generate returns from the rise and fall of listed stocks and indexes, with a capped risk exposure for both buyers and sellers. TradeKing is the first retail brokerage firm to offer this new, simple-to-understand options product to investors.

During the webinar entitled "Learn To Trade ByRDs, a new product from NYSE," Mr. Overby, along with Bill Ryan (News - Alert), Managing Director at NYSE Options, will present an overview of ByRDs. Suited for options traders of all experience levels, ByRDs feature transparent risk and straight-forward, fixed returns. ByRDS are a binary option, meaning that there are only two outcomes with a ByRD contract: ByRD contracts that settle in-the-money provide a return of $100.00; if they settle out-of-the-money, they expire worthless.

To register for the webinar, visit: http://bit.ly/1pGmlTH.

About TradeKing
TradeKing Group, Inc. consists of companies with a singular focus on helping the independent investor succeed. TradeKing Securities, LLC, member FINRA and SIPC, is TradeKing's flagship online broker/dealer for self-directed investors looking for a modern trading experience on any device at a simple, low price. TradeKing Advisors, Inc., an SEC (News - Alert) registered investment advisor, offers investors a range of affordable, professionally-managed portfolios through an automated and fully-transparent online process, while TKconnect, LLC aims to provide an extensive set of educational, informative and entertaining content and social collaboration channels.



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Options involve risk and are not suitable for all investors. Visit tradeking.com/odd to review the Characteristics and Risks of Standardized Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.


Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Investors should understand the differences in risk/reward profiles and settlement between standard listed options and ByRDs before entering into any ByRDs transaction. For more information, visit https://www.nyse.com/products/options-byrds.

All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns.

TradeKing Securities provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

© 2016 TradeKing Group, Inc. All rights reserved.


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