Hello Markets announced today that it has sealed a partnership deal with Cantor Exchange (CX) as an Independent Software Vendor and trading platform provider. Cantor Exchange is one of two Designated Contract Market offering binary options which are regulated by the Commodity Futures Trading Commission (CFTC) in the United States.
According to American law, U.S. clients’ orders must be placed through a CFTC regulated exchange such as CX and the Hello Markets’ trading platform will now be directly linked with CX’s exchange traded binary options market. Already in compliance with Asian, CIS and European markets, the expansion of Hello Markets’ operational reach will allow the company’s clients to further expand their business in previously legal closed off territory.
The platform developer also says that Cantor Exchange offers an incentive program to CX Referring Participants and Hello Markets’ clients. Those wishing to participate in this program will be able to use the Hello Markets’ platform. Furthermore, Hello Markets’ legal department will also assist the company’s clients in obtaining an NFA (National Futures Association) license – a prerequisite for soliciting US clients.
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“We are delighted to have partnered with a financial powerhouse such as Cantor’s. This deal represents a massive opportunity both to Hello Markets as well as to our existing and potential clients,” said Jeremy Dahan, CEO of Hello Markets. “Our clients can henceforth take advantage of this new development in order to access the vast US market,” he added.
The move to this level, brings Hello Markets in line with some of the biggest names in the international binary options industry, such as TechFinancials, SpotOption and TRADOLOGIC, which have already taken steps to establish their presence in the U.S. via the Cantor Exchange.