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EDF Binary Options
The energy sector is a fascinating place to trade. Macro-economic events have seen share prices of big organizations hit hard, and the day-to-day fluctuations are excellent for day trading. Many binary options traders choose to trade on one or several energy assets as they research and understand the sector. There are many to choose from including BP, Shell, Oil, Eni, ETFs and EDF.
EDF, Electricite de France, provides 120,000 megawatts to countries in Africa, Asia, Europe, Latin America and the Middle East. They are the 2nd biggest utility organization on the globe. Their services extend beyond electricity production to trading, renewable energy research, power plant consultancy etc.
The company has seen shares fall consistently since 2008. Between 2008 and April 2009 shares dropped from above $75 to below $30. After a brief rally to $40 there have been further drops to below $14 amidst safety issues, French Government direction, economic downturn and Eurozone crisis. EDF trading volumes have remained high, as binary options, and other traders, have sought to profit from the stock volatility.
EDF stock is traded on the Euronext Exchange with the ticker EDF. The Euronext itself has seen significant drops over recent years.
In 2012 EDF made a concerted effort to rebuild their brand by association with the London 2012 Olympics and Paralympics. The company is looking to grow still and there will be many opportunities for binary options brokers to trade on the stock as volumes and volatility remain high. Often it is the most fragile stocks that are easiest to profit from for binary options traders, and EDF stock has demonstrated over recent years that it far from robust.
Looking for where to trade EDF binary options?
Here are our top three broker platform picks for trading EDF binary options:
All the EDF binary options brokers review you can find here are tested, varified and approved by our experts. That is why you can be sure that after having chosen any of EDF binary options brokers from our list you will get an excellent trading experience. More over, you can easily find binary options videos together with other various education materials almost in every broker. We hope that binary options trading will become a new interesting and captivating activity that will bring you high payouts.
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