anyoption Obtains CySEC License for Portfolio Management and Investment Advice

One of the biggest binary options brokers, anyoption has just announced that it has added a brand new operating license into its portfolio of regulatory permits. The parent company of the brokerage received authorization from the Cyprus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term) to offer a new set of services across the European Union.

In addition to the company’s market maker license, Orobouros Derivatives Trading now has an extension to its permit which allows the firm to provide Portfolio Management and Investment Advice.

Commenting on the announcement, the CEO of anyoption, Shy Datika, said: “We are proud to extend our Market Makers licence into the areas of Portfolio Management and Investment Advice. anyoption has always put Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term first and we see this extension as an opportunity to introduce to our large and loyal customer base new range of products that are different the traditional Binary Options.”

Anyoption has been expanding the scope of its regulated activity, most recently by a partnership enabling it to enter the South African market. The addition of new credentials for its trading license in Cyprus implies that the firm's intention is to broaden the scope of its activity as well.