For the first time in history, financial punters will be able to align their Up/Down Binary trades with all the action in the first Ashes Test at the GABBA in Brisbane, starting Thursday!
In an Ashes special from power market-making firm WhichWay.com, with payouts of $1.90 for every successful trade, punters can play the direction of the Australian Dollar (AUD) against the British Pound (GBP) right through the first Test, with “live” Up/Down trading during every session.
“This is history,” WhichWay.com’s new PR & Media chief Neil Evans said. “Punters will have one eye on the cricket, and the other on the markets. Now they can cash in on the currency rates as well as the cricket,” Evans added.
“I still remember all those Ashes series ago, we continually won the cricket but copped a caning at the exchange desk, Evans added. “In fact, when we toured in 2001, one British Pound bought a staggering $3.00 Aussie around September that year.
“The Barmy Army didn’t stop singing about the exchange rate for years. That ‘Union Jack’ tune of how the Pound could buy nearly three Aussie bucks!”
Evans recalled how on the Ashes tour of 2005 – when England finally rested back the little Urn after 16 years in the wilderness - the Pound was worth around $2.40 AUD, but during the 2006/07 home series, the spread was out to $2.50.
“Now the boot is not quite on the other foot, but certainly heading that way, with one GBP buying around $1.70 AUD! Rule Brittania? We’ll see, on the field and on the markets!”
WhichWay.com Binary punters will be able to place a trade on whether the AUD will be Up or Down against the GBP at the end of all three sessions of play; or by the end of a full day’s play, as well as offer the very popular “On Demand” option which allows you to choose your own time frame.
Sessions on Day 1 of the 1st test run from 11am – 1pm; 1.40pm – 3.40pm; and 4pm – 6pm (all times AEDST and approximate) Local Brisbane time 1 hour behind.
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