ASIC has released a consultation paper Product intervention: OTC
binary options and CFDs (CP 322) on proposals to use its product intervention power to address significant detriment to retail clients resulting from over-the-counter (OTC)
binary options and CFDs.
Italy's recent decision to ban a number of
binary options websites in the country because of their close resemblance to gambling has re-opened the issue for governments and regulators across the world whether to class
binary options as a form of gambling or investment.
District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail
binary options enterprise that targeted and victimized U.S.
BancdeOptions gained the reputation in providing uniquely designed trading platform that provide tools and flexibility for investors to grow and manage their
Binary Options trading accounts according to their needs, with full autonomy.
"We are opening the gates to the exciting world of
binary option trading by creating an exceptional trading environment where anyone can trade
binary options in a simple,convenient and efficient manner on any device," said Aidan Doyle, President & CEO of Bellwether Capital Management.
Although, one of the review was considerably positive as it praised ForexMinute for its
binary option and forex article section but asked for more interesting sections.
EZTrader Inc, a
binary option platform, fully regulated and authorised to operate by CySEC, is wholly owned and operated by WGM Services ltd (OTC:WGMI).
Sydney, Australia, December 20, 2012 --(PR.com)-- iOption Group and Faunus Analytics LLC announce a joint project to develop unique trading signals system for
binary option trading.
ASIC, the market watchdog in the nation said that it is plans to ban the sale of
binary options to retail customers.
In March this year, the Financial Conduct Authority banned UK firms from marketing
binary options to small investors, describing them as "gambling products dressed up as financial instruments".
During the first quarter on the year, product intervention measures from the European Securities & Markets Authority came into effect, knocking revenue, while there was also a ban on offering
binary options to retail clients to contend with.
'As with our work on the wider CFD and
binary options markets, we will act when we see poor products being sold to retail consumers.