SpotOption keeps innovating and launches of new cool products Pair Trading and Year End Options. Pair Trading is definitely the more interesting one and allows you to ‘binary trade’ pair of assets – that is you bet which asset will be stronger than the other. It’s always fun to bet on Microsoft vs Google, Citi vs Barclays, etc.
With the upcoming binary options regulation in Cyprus it will be interesting to see which path do these binary software providers take.
SpotOption Stays on Top with Two New Features
Leading Binary Options platform provider, SpotOption Ltd. now offers White Labels two new options – “End of Year”and “Pairs”.
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SpotOption Ltd. announces the latest addition to their portfolio of offerings – “End of Year” and “Pairs”. SpotOption is known for constantly adding new and exciting features, making it the most advanced and successful binary options platform.
The “End of Year” option allows traders to take an option until the end of each month or until the end of December 2012. Within each calendar month, traders are also able to open positions for two weeks or other specific time periods. This feature opens the market to all types of traders, as SpotOption White Labels now have the longest span of option expiries – from sixty seconds to six months. This new feature allows the White Label to be very flexible to their trader’s needs.
The other new feature is the “Pairs” option, which allows traders to predict the relative ratio between two assets from the same equity type. With regular binary options, a trader would predict, for example, the direction the price of gold is heading by the expiry. With “Pairs”, they will predict how strong or weak one asset will be as compared to another. For instance, a trader is able to trade relative strength strategies on financials, such as BNP Paribas compared to Barclays or Apple compared to Google. This trading is more exotic, giving traders the ability to trade on relative strengths or weaknesses and not absolute strengths.
“Staying ahead of industry trends is our responsibility to our white labels,” says Pini Peter, CEO of SpotOption Ltd. “Our developers work round the clock to ensure that we live up to our reputation of industry leaders.”