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Screenshot of a breaking news alert e-mail from Q2 2017
A very interesting piece of news from TRADOLOGIC, the provider of technology solutions for the binary options industry… The company has finalised a partnership deal with Cantor Exchange, a marketplace for trading binary options.
The news marks an important milestone for TRADOLOGIC, as the move technically means that its white label partners will be able to access the US market via Cantor Exchange. Here we need to add the necessary explanations – binary options trading off exchange is forbidden in the United States, whereas it is allowed on exchange (on venues like Nadex and Cantor Exchange).
Cantor Exchange is a direct-access marketplace and a subsidiary of Cantor Fitzgerald L.P., a global financial services firm. The venue is a designated contract market (DCM) regulated by the Commodity Futures Trading Commission (CFTC) in the US.
US traders will be able to make use of the services of the binary options brokers powered by TRADOLOGIC. The opening of the US market through a regulated exchange through TRADOLOGIC gives existing and potential clients even more reach globally through the platform, on top of the already huge profits they are earning from their operations.
The company said that two new brands, using the technology provided by TRADOLOGIC, are ready to conquer the US market.
Gil Erez, Chief Business Development Manager, commented:
“The American economy has a huge potential so we gave our clients a possibility to operate under an accredited and regulated exchange. Most of our White Labels are actively taking an advantage of our partnership with Cantor Exchange and they are working on full capacity over a month already.”
TRADOLOGIC’s products are in full compliance with the requirements of US regulators. The company has already adapted its offering to the requirements of another market of huge importance for binary options trading – the Japanese one. In the face of the complex rules that Japan’s Financial Services Agency (JFSA) imposes on binary options trading, as these products are regarded as financial trading instruments in the country, TRADOLOGIC has managed to respond to these demands adequately.
The official announcement on the partnership between TRADOLOGIC and Cantor Exchange can be read here.