SpotOption To Open A New York Office In A Bid To Conquer The US Market
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Cantor Exchange has been working with a number of top binary options technology providers and is about to change the face of the US market. US based binary options exchange Cantor Exchange is preparing to change the face of the US binary options market.
The exchange, referred to as CX by insiders, is pure exchange style trading environment and one of only two CFTC regulated binary options brokers. Over the past year or more the exchange has been working with a number of top technology providers to expand liquidity, increase traffic and enhance visibility in what many consider to be the next step in the evolution of the business.
SpotOptionTechFinancials and Tradologic have so cantor exchange spotoption been named with hints that there are others waiting in the wings.
Integration with CX is not simple and requires an extensive certification period lasting 6 months or more which is one reason it has taken so long for technology providers to make this move. What they are doing are building platforms cantor exchange spotoption which traders will be able to access the marketplace.
Cantor execs are adamant in saying that when you trade on one of these platforms you are indeed trading with other traders on Cantor Exchange and not making a bet with the broker. As an exchange, a true exchange where every buyer and seller has access to all available price offers, CX primary function is to provide cantor exchange spotoption location where trading takes place and the oversight to ensure that regulations are being maintained.
The purpose of these new moves cantor exchange spotoption the US market is to create gateways and portals through which traders can access the cantor exchange spotoption. If an offer exists in the market, and you access the exchange, you will be cantor exchange spotoption to see it.
SpotOption was the first to go live on the exchange. Reports from ForexMagnates say SpotOption was providing liquidity and access as cantor exchange spotoption as February of while TechFinancials is expected to go live sometime during the second cantor exchange spotoption of the year.
Regardless, the benefits are already being seen. The addition of the one platform has increased liquidity to the point that Cantor has been able to add Gold contracts to its growing line up of cantor exchange spotoption. Once TechFinancials begins operations that list is likely to grow again. It is unclear when the Tradologic platform will be ready but signs indicate it will be quite soon. The goal for them all is to produce a white label version of their platforms that they can then sell to brokers for rebranding.
Each broker will be independently owned and operated and responsible cantor exchange spotoption its own registration with US regulatory bodies. This is not a requirement for access to the exchange unless the broker is planning to solicit clients in the US. There is already talk of several new brands simply waiting for the go-ahead to begin operations. Tradologic has hinted at at two while TechFinancials has cantor exchange spotoption so far as to release a name, OptionFair.
My first look at the SpotOption platform on Cantor Exchange is very promising and enough to make me want to switch brokers. They have managed to maintain the great look and easy to use features that have made SpotOption so popular among CySEC style brokers.
You really have to look at it to see the differences but they are there. The asset list and available expiries are still limited but will surely grow as more traders enter the market. Expiries are intraday and end of day including If you look at the top right of the graphic you can see a setting which controls how much draw down you will allow the trade thereby cantor exchange spotoption your risk exposure.