Exclusive: Forest Park is SpotOption's First CFTC-Licensed U.S. Brand

Finance Magnates has learned that Forest Park BX, a new offering from the same-named American FX broker, will be the first introducing broker referring traders to the Cantor Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term via a custom SpotOption white label.

The website for the new brand is already up and running, but the plan is that it will officially launch in early May after binary options technology developer, SpotOption, will finish linking Forest Park FX's Customer Relationship Management (CRM) Customer Relationship Management (CRM) Customer Relationship Management (CRM) is a way for brokers to manage the firm’s contacts with existing and potential clients. The firm is using data available from the customer’s trading activity to determine an appropriate course of action when aiming to retain or onboard the customer.This technology is also an effective tool in managing a company's interaction with both current and potential clients. CRMs use data analysis regarding clients’ history with a company to improve business relation Customer Relationship Management (CRM) is a way for brokers to manage the firm’s contacts with existing and potential clients. The firm is using data available from the customer’s trading activity to determine an appropriate course of action when aiming to retain or onboard the customer.This technology is also an effective tool in managing a company's interaction with both current and potential clients. CRMs use data analysis regarding clients’ history with a company to improve business relation Read this Term) to the new platform. Nonetheless, the brand has already referred dozens of participants to the cantor Exchange directly.

The race for reestablishing control over the potentially huge but already highly regulated U.S. binary options market is known to be vital to leading retail binary options technology developers' expansion plans. Cantor Exchange in particular has served as a beachhead for retail binary options on the American shore.

Earlier this month TechFinancials (LSE: Tech) officially entered the U.S. market with the Cantor Exchange model, and in March, both SpotOption and TRADOLOGIC announced that they were already operating at the venue. In light of this, this first move by Forest Park is important to the whole industry and its expansion to the U.S.

Ambassador Capital Management, LLC (Doing business as Forest Park FX, Forest Park BX and Forest Park Binary Exchange) is registered with the Commodity Futures Trading Commission (CFTC) as an Independent Introducing Broker, and is a member of the National Futures Association (NFA).

Justin Hertzberg, Esq., the president and CEO of Ambassador Capital Management, LLC. Hertzberg sat down today with Finance Magnates for an exclusive first interview on the launch of the new binary options offering. The full length interview will be published next week.