LIMASSOL, CYPRUS, April 03, 2016 /24-7PressRelease/ -- The world of binary trading is ever-changing and fast-paced with market participants across the globe constantly looking to bid, sell and make the most profitable moves. The industry also has two main ways of organising the financial markets, with exchange trading in the US operating differently to over-the-counter (OTC) techniques used in other countries.
O-SYSTEMS to consider signing vendor agreement with Cantor Exchange
As the very first technology company and market maker to enter the US binary options market last year, major platform provider SpotOption announcement to pull out from the US and terminate their agreement with Cantor Exchange. While the news that they would no longer accept traffic from US traders it has made way for O-SYSTEMS - a boutique, experienced, binary options software provider - to take their place.
Leading the way with advanced, user-friendly binary options and marketing tools, O-SYSTEMS has the determination, software and knowledge necessary to replace SpotOption and break into the US market with ease. Their innovative, modern and user-friendly trading approach which is technologically brilliant yet easy to comprehend makes them stand out from the crowd and brings a fresh, ground-breaking perspective to US traders.
What is binary options in the US and how does exchange trading compare with OTC?
The concept of binary trading is simple to understand which is why it's notoriously popular across the globe. Essentially, it's a way to trade markets with a capped risk and capped profit potential based on a yes or no proposition. Every option settles at either $0 or $100 in the US, however, the way binary trading is carried out in the States differs from the rest of the world in that the provision of over-the-counter binary options is prohibited. This means that all industry participants must provide binary options via an exchange and not a de-centralised market where two parties can communicate directly with one another without supervision or specific guidance as is seen with OTC trading.
The concept of exchange trading first started when people would go to a specific space to buy and sell commodities. Thanks to the development of innovative software and trading platforms, however, exchange trading has now been catapulted into the 21st century and can be executed remotely via a set of instituted rules which govern trading and the surrounding information about particular trading moves and deals. In short, an exchange centralises the communication of bids and offer prices to all direct market participants who can then respond by selling or buying at the quoted price or return with a different offer.
With open exchange binary trading, the price at which a transaction will be executed is also revealed to all market participants allowing them to buy as high or low as anyone else, so long as they stick to exchange trading rules. The idea is that everyone is 'kept in-the-know' and on a level playing ground which is in direct contrast to OTC where broker-dealers negotiate directly with one another and can present an array of different quotes to fellow broker-dealers and customers at any given time. OTC markets are often considered less formal and, although well-organised and popular in countries outside of the US, do not have the supervision of an exchange.
Moving all systems into the US market is a bold move for O-SYSTEMS but one that's perfectly within their capabilities thanks to the wide range of comprehensive services and technological benefits they offer. O-SYSTEMS is, after all, renowned within the industry for their expertise and will take their vibrant trading perspectives overseas to assist US traders.
O-SYSTEMS is a leading binary options platform software provider company that have brought together high end experts in the financial arena.
# # #