Operational Update: TechFinancials Signs Up Eight New White Labels
- The new clients of the company are mostly focused on the regulated European market, with one label centered on the Middle East
According to an operational update issued by TechFinancials, the company has signed up eight new white labels during the past couple of months. The software developer providing binary options technology to a number of brokerages worldwide has expanded its client portfolio.
The news come several weeks after the company has been floated on the London Stock Exchange. The firm doesn’t mention any specific names of its new partners, but highlights that seven of the binary options brokers which will provide their services with technology from TechFinancials are focused on Europe.
The regulated market in Europe has become a very competitive marketplace especially after a number of companies have started operating with a license from CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision . The eighth white label is focused on the Middle East.
TechFinancials also unveils some progress in the lucrative Asian market, where an existing client of the binary options software provider has began offering its services in China through a local partnership.
The European market continues to be a focal point of the Company’s activities and seven of the new brokers signed plan to focus on this region.
TechFinancials has voiced its commitment to continue building a software solution which complies with all regulations on the European, Japanese and lately the U.S. market through a partnership with Cantor Exchange.
Binary options Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( is in advanced stages in Europe, where aside from the pioneering Cyprus regulator, a precedent in Dutch court is on its way to make all financial regulators in the European Union recognize binary options as a financial instrument.
Recently the U.K. Treasury has voiced an opinion that the Financial Conduct Authority is the most suitable entity to supervise binary options.
Commenting on the Operational Update, the CEO of TechFinancials, Asaf Lahav, said, “TechFinancials is very pleased to have made significant progress in diversifying its global product offering by signing contracts with eight new brokers covering various target markets of the Group.”
According to an operational update issued by TechFinancials, the company has signed up eight new white labels during the past couple of months. The software developer providing binary options technology to a number of brokerages worldwide has expanded its client portfolio.
The news come several weeks after the company has been floated on the London Stock Exchange. The firm doesn’t mention any specific names of its new partners, but highlights that seven of the binary options brokers which will provide their services with technology from TechFinancials are focused on Europe.
The regulated market in Europe has become a very competitive marketplace especially after a number of companies have started operating with a license from CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision . The eighth white label is focused on the Middle East.
TechFinancials also unveils some progress in the lucrative Asian market, where an existing client of the binary options software provider has began offering its services in China through a local partnership.
The European market continues to be a focal point of the Company’s activities and seven of the new brokers signed plan to focus on this region.
TechFinancials has voiced its commitment to continue building a software solution which complies with all regulations on the European, Japanese and lately the U.S. market through a partnership with Cantor Exchange.
Binary options Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( is in advanced stages in Europe, where aside from the pioneering Cyprus regulator, a precedent in Dutch court is on its way to make all financial regulators in the European Union recognize binary options as a financial instrument.
Recently the U.K. Treasury has voiced an opinion that the Financial Conduct Authority is the most suitable entity to supervise binary options.
Commenting on the Operational Update, the CEO of TechFinancials, Asaf Lahav, said, “TechFinancials is very pleased to have made significant progress in diversifying its global product offering by signing contracts with eight new brokers covering various target markets of the Group.”