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PotashCorp Binary Options
Binary options can be traded in just about every sector, with the asset choices increasing day to day. One of the main companies in the agricultural industry is Potash Corporation. The Government of Saskatchewan founded the company in 1975. The company leads the world in terms of potash manufacture and is right up there for nitrogen and phosphate too.
The company was gradually privatized through the sale of shares by 1990. The company then purchased numerous other potash firms around the US, including Potash Company of America, Florida Favorite Fertilizer, Texasgulf and Arcadian Corporation. Canadian potash exporters also own a portion of the company. Over recent years the PotashCorp has never been far out of the news, with frequent takeover attempts. The most significant of these was that by BHP Billiton, which the Canadian government stopped as they felt it did not represent Canadian interests.
Both the New York Stock Exchange [NYSE] and the Toronto Stock exchange [TS X] feature PotashCorp stock [POT). With the increasing emphasis around the world on agriculture, both in the developing and the developed world, a provider of fertilizers of such note is sure to have a successful future.
Binary option researchers of PotashCorp stock need to stay on top of news related to agricultural development from both the political and commercial sectors. In addition, the company is well-placed to enter new markets and so traders should be aware of possible takeovers and new territory performance.
The day range of PotashCorp stock price enables day trading, and there is a three-month average volume of 3,806,060. There are consistent opportunities for binary options traders to make profits with PotashCorp trading throughout the year.
So… you want to trade PotashCorp binary options?
The first step is to find a broker that offers this asset. We have done the research for you and below are our top pick platforms offering PotashCorp binary options:
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