Panda Trading Systems Delves Further Into Binary Options Technology - Acquires Polar IO

Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term Panda Trading Systems has announced its acquisition of Polar IO Software Ltd, a software company specializing in front-end development interfaces for binary options trading platforms and pricing algorithms.

By acquiring Polar IO Software Ltd, Panda Trading Systems intends to concentrate further on adding to its current offering of binary trading software solutions in adding a trading interface which comes as an out-of-the-box solution.

According to the company, this new binary options interface is designed to significantly reduce integration time from weeks to days.

This highlights Panda Trading Systems’ continuing emphasis on the binary options sector, following on from the company’s prevalent shared wallet which allows brokers to integrate binary options offerings into MetaTrader 4.

This shared wallet solution allows the MT4 end-user to use their existing Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term account to trade binary options in addition to forex and CFDs.

Maor Lahav, COO and founder of Panda Trading Services stated that "this technology enables brokers to offer binary options as a shared wallet solution for MT4 traders without needing to alter their existing systems or overall technology architecture."