Tradologic, a provider of binary options trading technology, is shifting its main focus, sources with knowledge of the matter shared with Finance Magnates. The company is aiming to develop and deliver fintech products to the market in the coming quarters.
The ownership structure of the technology provider has been changed with a new controlling shareholder. The current operations of the firm as a binary options technology provider for the time being appear to be intact as Tradologic’s website is still operational.
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Sources with knowledge of the matter shared with Finance Magnates that the company will be phasing out its binary options product.
Finance Magnates has reached out for a comment on the matter to the company, but at the time of publication no response has been received.