Binarex – The new Tradologic exchange for binary options

Tradologic Announces Binarex

Tradologic, the world’s leading provider of binary options software, has launched a new project that aims to bring more options to the binary trading sector. Due to the recent upheaval within the binary options industry, Tradologic’s goal is to bring transparency to the market. The company is focusing on building a monitored binary options exchange called Binarex. This product aims to reduce the conflict of interest between brokers and traders, and make the industry sustainable in the long run.

The exchange-traded model

With the new exchange-traded binary options, traders can get better prices and prices (and therefore returns), while brokers also earn a profit in any case, regardless of whether their client loses or makes money. An exchange platform charges a percentage-based commission charge to traders, who will then earn profit from the loss on the other side of their transaction. These processes mirror the exchanges that operate in the Forex trading industry, and some firms are already starting to phase out the market maker models and into a more straightforward processing model, where the customers’ trades are routed through the foreign exchange market. . The company’s aim is to address the concerns of traders and regulators. Companies such as Cantor Exchange and Nadex already have products managed by the US Commodity Futures Trading Commission (CFTC), so exchange-traded binary products are used by US retailers.

Binarex Regulation

Tradologic CEO Michael Golod stated that he sees Binarex as a viable business model that offers clean and transparent terms for all parties. This model has been scrutinized by regulatory inspections and discussed in detail. His company remains in discussion with various financial regulators inside and outside the European Union and is warmly received. Many of these regulators inform him that he should expect the regulatory establishment to be much more welcoming.

Earlier in the year, the company partnered with Cantor Exchange, which allowed their white labels to access the US market through an Exchange Commission approved transaction. Tradologic expects to launch this model at the Financial Magnates London Summit, which takes place on November 14 and 15 at The Brewery. Binaryoptions.co.uk will be there to get all the details about this new offer.

With any exchange, the success will depend on the liquidity in the market. Low volume can result in trades not matching, or trades with bad value. If a firm on the scale of Tradologic is involved, the liquidity should be high, giving the traders a good opportunity to make the offers. As the platform grows, so should the volume.