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CySEC considers banning binary options altogether
The Cyprus Securities and Exchange Commission (CySEC) considers banning binary options trading altogether, reported Finance Magnets. The online media cited CySEC Head, Demetra Kalogerou, who delivers a speech at the iFX Expo International 2017 on Thursday. The Cypriot financial watchdog is still conducting consultations on the matter, but highlighted the main problems with binary options: non-transparent pricing and conflict of interest. That is why the commission considers that probably “It will be more appropriate to suggest binary options only to professional traders,” as stated by Demetra Kalogerou. Miss ... (full story)
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