Financial trading technology provider Panda Trading Systems announced today that CySEC-regulated Rodeler Limited, parent of binary options brokers 24Options, ZoneOptions and GrandOption, has chosen its Panda FX e-Broker Solution as its technology vendor in launching the 24FX retail forex brand.
Panda will power 24FX’s entire operation, and will manage all operation and trading-related systems and integrate their solutions with 24FX’s proprietary marketing systems.
Richard Huntington, VP Business Development at 24FX, stated:
“The move to Panda TS is indicative of our fast-paced growth and development. We’re not new at this game. We knew very well that we needed more than an off-the-shelf solution to really differentiate our offering. Panda TS was able to provide us with the exact customizations necessary to support our brand’s rapid scalability. Their proven track record and unmatched level of service and support are what make us confident in this mission-critical decision.”
“We are very happy to work with 24FX to build and support the entire operational infrastructure of this first-class brokerage,’ says Maor Lahav, Panda TS Co-Founder and COO. “As we have witnessed with the Group’s 24Options brand, brokers like 24FX, with their extensive industry knowledge and experience, set the bar higher for the industry as a whole. We’re honored and excited to help them make that happen.”