# Binary Options

**URL:** <https://forum.fixtrading.org/t/binary-options/14063>\
**Category:** General Q&A\
**Tags:** foreign-exchange, post-trade\
**Created:** [June 4, 2018, 3:12pm UTC](https://forum.fixtrading.org/t/binary-options/14063 "2018-06-04T15:12:53Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![markmarston](https://avatars.discourse-cdn.com/v4/letter/m/ed8c4c/32.png) [@markmarston](https://forum.fixtrading.org/u/markmarston)\
**Post date:** [June 4, 2018, 3:12pm UTC](https://forum.fixtrading.org/t/binary-options/14063/1 "2018-06-04T15:12:53Z")

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Hi,

Has any work been done with Barrier or Digital Options for FX/TCRs?

I’m familiar with the vanillas and some strategies, but B&Ds look like they need a few more pieces of economic data.

Thanks  
Mark

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**Author:** ![deankauffman](https://avatars.discourse-cdn.com/v4/letter/d/a8b319/32.png) [@deankauffman](https://forum.fixtrading.org/u/deankauffman)\
**Post date:** [June 4, 2018, 7:04pm UTC](https://forum.fixtrading.org/t/binary-options/14063/2 "2018-06-04T19:04:11Z")

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See the OptPayoutType(1482) field and the ComplexEvents component within Instrument. OptPayoutType(1482) provides support for digital and barrier payouts and ComplexEvents provides fields for the complete description of option valuation and terms.

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**Author:** ![markmarston](https://avatars.discourse-cdn.com/v4/letter/m/ed8c4c/32.png) [@markmarston](https://forum.fixtrading.org/u/markmarston)\
**Post date:** [June 11, 2018, 12:23pm UTC](https://forum.fixtrading.org/t/binary-options/14063/3 "2018-06-11T12:23:17Z")

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Thanks Dean.
