Binary options platform provider Hello Binary is exploring new business opportunities in the Asian market, with a particular focus on Japan this month, after an important development in China earlier this year symoblized by the opening of its office in Shanghai.
Last year, Japan’s financial markets regulator, the Japanese Financial Services Agency, implemented a series of regulatory rulings which covered binary options as a financial asset class, thus ensuring the future for firms wishing to provide binary options trading in the nation that is home to the world’s largest retail FX market.
Hello Binary considers binary options to be viewed as both a standalone trading product and as a complementary service to many FX trading products. In a country which has a large base of retail investors which are well versed with regard to FX trading and speculation, some of the largest brokers by volume worldwide are based in Japan, and have a mainly domestic client base.
Hello Binary sees a huge potential for binary options in Japan to become the next big thing. The company believes that local partners through upcoming joint venture will disrupt the FX market as they will be closer to the traders, with a deeper understanding of the trader needs, contrary to the business ethos of overseas brokers.
“Collaborating with a major FX company in Japan has been one of our key targets for 2014” says Mr. Yosuke SHIMIZU, Hello Binary CEO Japan. “It is a vibrant market with constant changes and developments, we want to see ourselves as part of this market and for that we are investing in creating the right partnership with FX company and Japanese investors”.
Hello Binary has announced the launch of a new innovative product and a new User Interface Design for its current platform. Known as one of the most innovative and lean software in the business, providing unique user experience, the product is set to bring revolution and amazing opportunities for investors.