The financial Conduct Authority is a regulatory finance body in the United Kingdom. This regulatory body works independent from the UK government and sources it’s financing from fees collected from members of the financial services industry.
The US Commodity Futures and Trading Commission (CFTC) is an agency independent of the US government that was created in 1974 and responsible in regulation of the futures and options markets.
The Markets in Financial Instruments Directive also known as the MiFID and its duty is to provide regulation for investment services in 31 member states of Europe’s Economic area.
The Cyprus Securities and Exchange Commission is a binary options regulating body also known as CySEC. This is the financial regulatory agency for the Cyprus Republic.
The financial market operates without a central exchange. This is the reason why governments and independent supervisory entities are set up around the world. These bodies are called the regulators and they act as the watchdogs for the respective markets they are set up.
Binary trading involves buying or selling of financial assets on an online broker platform. Two outcomes are expected in this kind of trade. One of the outcomes is being in the money while the other is being out the money.
Binary options concept has for a long time been in play. Binary options trading also considered as digital options trading. For a long period, this kind of investment has been a vehicle which has remained to be exercised by the elite investors.
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