One of the most successful and attractive binary options brokers on the market, AnyOption, has recently added one more license to its collection of regulatory permits. The holding company that manages AnyOption called Ouroboros Derivatives Trading Ltd has obtained a new license following the decision to expand the scope of the company’s activities in the European Union. So what is this new license for and what will it mean for traders?
New Services from Orobouros Derivatives Trading
In addition to the Market Maker license that Orobouros Derivatives Trading obtained from Cyprus Securities Exchange Commission (CySec) back in 2008, now the company also has CySec license for Portfolio Management and Investment Advice. As AnyOption has always been a broker that valued regulations and was properly licensed from the very beginning of its operations, undergoing the process of obtaining the Portfolio Management and Investment Advice license was necessary in order to expand broker’s list of services all across the European Union.
The addition of new credentials certainly signals that the company is doing very well and wants to continue growing and offering new services to the loyal clients as well as attracting new customers.
This is not the first time AnyOption is making efforts in order to expand its portfolio of activities. Only last year it made a strategic move and decided to launch trading activities on the South African market. So apart from CySec, it is also regulated by the South African FSB with the financial services provider registration number FSP 42020. South Africa is a very interesting market for binary options brokers, and we applaud AnyOption for going through all the necessary regulatory procedures and securing a place for itself there.
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