SpotOption and Tradologic Target the Betting Crowd
by
Vasil Velev
The participation of two of the biggest binary platform providers at the Excellence in Gaming conference is yet another indication of the industry’s various crossing points with the world of sports betting.
Tradologic and SpotOption are sharing time with some of the most prominent players in the sports betting industry at the Excellence in Gaming conference. The event, attended by large bookmakers such as bet365, Betfair, Ladbrokes and bwin, kicked off on the 21st and ends today.
With over 250 operators form 54 countries present, the presence of two of the main players in the binary options business is testament not only to their individual success, but also a sure sign of the crossing points with the larger sports gambling industry.
The markets have been no strangers to many of the large companies that will be featured there. Bet365 (as well as William Hill) have their own proprietary platforms for betting on currencies and indexes.
Betfair also uses its standard betting display with options to predict if an event will or will not happen (known in the industry as “back” and “lay”). Mixing it with the markets, they offer bets with 15 and 60 minute durations, offering different payouts over their course, if an index remains above or below a certain level.
Others were not so fortunate in their attempts to offer financial betting. Ladbrokes were among the first companies to offer financial spread betting and fixed-odds bets on currencies and indexes, but after a series of bankruptcies of market makers and platform providers, such as Cantor Gaming, the company has abandoned the idea as a whole.
Tradologic is leading the way in filling the gap left behind with their platform already being utilized by Sbobet, one of the largest betting companies in South-East Asia.tradologic
Regulatory Considerations
The event is not only a chance for different companies across the Online Trading and betting spectrum to meet, but also about being up to speed on Regulation that affects all involved.
With speakers from the relevant state institutions in the Netherlands, Germany, Denmark, Spain and Portugal among other countries, the regulators will be sharing where they are headed in terms of allowing or prohibiting different trading and betting activities on their territories.
The changing conditions in the UK could possibly influence others to rethink their stance on binary options. In any case, the continuing discussion about whether they are more trading than betting won’t be slowing down the pace of the industry’s growth, it can only speed it up.
Tradologic and SpotOption are sharing time with some of the most prominent players in the sports betting industry at the Excellence in Gaming conference. The event, attended by large bookmakers such as bet365, Betfair, Ladbrokes and bwin, kicked off on the 21st and ends today.
With over 250 operators form 54 countries present, the presence of two of the main players in the binary options business is testament not only to their individual success, but also a sure sign of the crossing points with the larger sports gambling industry.
The markets have been no strangers to many of the large companies that will be featured there. Bet365 (as well as William Hill) have their own proprietary platforms for betting on currencies and indexes.
Betfair also uses its standard betting display with options to predict if an event will or will not happen (known in the industry as “back” and “lay”). Mixing it with the markets, they offer bets with 15 and 60 minute durations, offering different payouts over their course, if an index remains above or below a certain level.
Others were not so fortunate in their attempts to offer financial betting. Ladbrokes were among the first companies to offer financial spread betting and fixed-odds bets on currencies and indexes, but after a series of bankruptcies of market makers and platform providers, such as Cantor Gaming, the company has abandoned the idea as a whole.
Tradologic is leading the way in filling the gap left behind with their platform already being utilized by Sbobet, one of the largest betting companies in South-East Asia.tradologic
Regulatory Considerations
The event is not only a chance for different companies across the Online Trading and betting spectrum to meet, but also about being up to speed on Regulation that affects all involved.
With speakers from the relevant state institutions in the Netherlands, Germany, Denmark, Spain and Portugal among other countries, the regulators will be sharing where they are headed in terms of allowing or prohibiting different trading and betting activities on their territories.
The changing conditions in the UK could possibly influence others to rethink their stance on binary options. In any case, the continuing discussion about whether they are more trading than betting won’t be slowing down the pace of the industry’s growth, it can only speed it up.
US Operator of Binary Option Brands Fined $516K for $10M Scam
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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