Breaking: SpotOption Opens a London Office to Focus on Regulated Trading

One of the biggest binary options platform providers in the industry has opened its third location globally. After successfully establishing an office in Hong Kong, the company has now committed to another major financial center. Located at the heart of the financial district in the U.K. capital, the office of SpotOption will be focusing on servicing European clients.

The latest effort is a push from the company to onboard more regulated companies as clients and to increase the company’s footprint in the European Union. The Royal 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 building will be housing SpotOption sales and client services in the UK.

The operations are starting with about 10 employees who will be servicing clients that have the appropriate licences to operate in Europe.

The new SpotOption office opening comes after the company marked a successful development in the business relations between the company and its Asian clients. The exposure of the company to the market has been greatly helped by the physical location in Hong Kong and the firm is aiming to replicate this model in London.

Commenting on the news, the founder of the company, Pini Peter, said: “Our London office was the necessary step in SpotOption's realization of our vision - to expand globally and bring regulated trading to the masses.”