MarketsPulse Leads FXCM and IG Group in Discussion on Growing Binary Options
MarketsPulse unveils advanced charting tools and new tablet trading
application at iFXExpo in Limassol, Cyprus.
LONDON, England, June 14, 2013 (GLOBE NEWSWIRE) -- via PRWEB - At the end of
May, MarketsPulse joined other leaders in the B2B Financial Industry to take
part in the iFXExpo held in Limassol, Cyprus. Over 1,500 senior executives
were in attendance with over 60 international exhibitors. MarketsPulse was
busier than ever meeting with and speaking to many industry veterans and those
looking to join the Binary Options Industry.
MarketsPulse was pleased to host industry heavyweights, Drew Niv from FXCM and
Peter Hetherington from IG Group, in an exclusive workshop that led to an
engaging discussion on the future of the binary options industry. Speakers
agreed that the binary options industry is maturing and discussed the need for
specialized players once the industry further matures, similar to the
structure of the forex industry. As Peter described, "You've got companies who
are good at getting clients and servicing those clients. I think you've got
companies who are good at creating technology and I think you've got companies
who are good at doing pricing… I think the market will fragment and
specialize." This specialization will also keep companies from acting on both
sides of trades and therefore will promote trust within the industry, as Drew
pointed out, "trust in financial markets is everything." Rachely Esman, CEO of
MarketsPulse also commented on the changing structure of the binary options
industry, "I think one of the challenges we see today with the binary options
industry is the limited trade sizes. Each broker is actually running his own
market, his own operation, by himself. By changing the structure, to more of a
connected grid in which you manage flow more efficiently, we can break this
glass ceiling that we predict sooner or later will be something that will
prevent the industry from growing any further."
For more details from the workshop, check out the video here: Workshop Video
on May Newsletter
During the expo, MarketsPulse also unveiled their new tablet trading
application and advanced charting features. The new tablet trading application
is the latest in MarketsPulse's suite of mobile offerings allowing traders
access to trading anywhere, on-the-go. The advanced charting features which
MarketsPulse has introduced include the ability to add real-time indicators
such as momentum, moving averages, volatility and TRIX among many others to
MarketsPulse provides enterprise-class Binary Options platforms that combine
sophisticated engineering with a deep understanding of global financial
markets. MarketsPulse offers technological solutions for Binary Options
operations which include a stand-alone solution and a fully integrated
solution that is completely installed on-site, providing confidentiality of
data and a customizable trading experience. Working with leading companies
throughout the world, our technology is operational in many regulated markets
providing MarketsPulse with the experience to meet regulatory requirements.
For more information, please visit http://www.marketspulse.com/.
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