Alpari to Keep Offering Binary Options, Despite UK Cancellation

The Russian FX broker, which also operates an international site in English, will not follow the lead of its British

alpariIn a joint message released today by binary options technology provider, MarketsPulse, it was announced that “due to trader demand” for their binary option trading site thus far, Alpari plans to continue launching new binary products.

According to the announcement, in 2014 Alpari will increase their binary options trading availability by offering the ability to trade from multiple mobile devices, and they will also offer more trading choices by adding new options.

Earlier this month, Alpari UK informed its clients it will no longer be offering binary options trading due to regulatory considerations.  As the new announcement contains no timetables or references to specific products, it is likely the purpose of the announcement is to reassure clients and investors that the Russian FX broker, that also operates an international site in English, will not follow the lead of its British counterpart.

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Boris Shilov, CEO, Alpari
Boris Shilov, CEO, Alpari

Boris Shilov, CEO at Alpari, said in the announcement: “We are committed to providing our clients with the best trading experience. As the leaders in the online trading industry, our binary options product will be of no exception in case of running customers interest, and this will be accomplished with the cooperation of our partners Binary Products and MarketsPulse.”

Shay Hamama, VP of Business Development, MarketsPulse
Shay Hamama, VP, MarketsPulse

Shay Hamama, VP of Business Development at MarketsPulse commented: “With only a short time since Alpari’s launch in September, we are pleased with the success of the product and proud to be working with Binary Products which provide its service to such a company as Alpari. We look forward to launching some new and exciting technology with them in 2014.”

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