Binarex – The new Tradologic binary options switch

Tradologic announces Binarex

Tradologic, the world’s leading provider of binary options software, has started a new project that intends to bring more options to the binary trading sector. Following the recent upheaval in the binary options industry, Tradologic’s goal is to bring transparency to the market. The company focused on establishing a binary options exchange named Binarex. This product aims to reduce conflicts of interest between brokers and traders, making the industry more sustainable in the long term.

The exchange model is traded

With the new exchange of companies that trade binary options, traders can get better quotes and prices (and therefore returns) while brokers will still make a profit either way, regardless of whether their clients lose or make money. The exchange will charge a percentage-based commission to the trader, who will then profit from the trade lost on the other side of their deal.

These processes mirror the exchanges that operate in the Forex trading industry, with some firms already beginning to forge the market maker model into a more straightforward processing model, where client trades are routed through the foreign exchange market. The company’s goal is to address the concerns of traders and regulators. Companies such as Cantor Exchange and Nadex already have products regulated by the US Commodity Futures Trading Commission (CFTC), so traded binary products are used by American retail traders.

 

 

Binarex Exchange Model

Binasax Rules

Tradologic CEO Michael Golod has stated that he sees Binarex as a viable business model that provides clean and transparent terms for all parties. This model has been put under scrutiny by regulators and discussed at length. His company is still in talks with several financial regulators inside and outside the European Union, and has met with a warm welcome. Most of these regulators informed him that he should meet with better regulation.

Earlier this year, the company partnered with Cantor Exchange, which allowed their white label to access the American market through an Exchange Commission-approved agreement. Tradologic expects to launch this model at the London Finance Magnates Summit, which takes place at The Brewery on November 14 and 15. Malaysia-option.com will be there to get all the details on this new offering.

With any trading exchange, success will depend on liquidity in the market. Low volume can result in unmatched offers, or poor value trades. With a firm of Tradologic’s scale involved, liquidity should be high, giving traders the opportunity to make the deals they want. As the platform grows, so do the numbers.