| Revision as of 00:29, 8 June 2014 view sourceBilby (talk | contribs)Autopatrolled, Administrators40,196 edits →Regulation: removed fv tag - ref is fine← Previous edit | Revision as of 00:31, 8 June 2014 view source Huon (talk | contribs)Administrators51,328 edits add Financial Times links, remove "technical term" in favor of what sources reportNext edit → | ||
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| '''Banc De Binary''' is a ] trading company headquartered in Cyprus and Israel.<ref name="one"/> Investors using its service |
'''Banc De Binary''' is a ] trading company headquartered in Cyprus and Israel.<ref name="one"/> Investors using its service bet on future prices of gold, oil, stocks or market indexes and are paid a return if their predictions come true within a set amount of time.<ref name="one"/><ref name = "WSJ">{{cite web|url=http://online.wsj.com/article/SB10001424127887324798904578529241482337164.html|title = Regulators Sue Prediction Site, Allege Illegal Options|publisher = Wall Street Journal |accessdate = 11 June 2013|archiveurl=http://www.webcitation.org/6L9hopyb5|archivedate=2013-11-15}}{{quote request}}</ref> It is one of the three largest binary options providers, along with 24Options and AnyOption.<ref name="three"/> | ||
| The company was founded on January 15, 2009.<ref name="InvestingInterview">{{cite web|url=http://www.investing.com/brokers/banc-de-binary/interviews/banc-de-binary-ceo-oren-laurent-opens-up-on-binary-options-169615 |title=Banc De Binary CEO Oren Laurent Opens Up on Binary Options - with Banc De Binary |publisher=] |date= |accessdate=2013-11-11|first=Susan |last=Wright }}</ref> In June 2010 it introduced an online trading system at Bbinary.com.<ref>{{cite news|publisher=Investment Weekly News|date=June 26, 2010|title=Banc De Binary Bbinary.com Launches New Innovative Online Broker|pp=46|}}{{quote request}}</ref> | The company was founded on January 15, 2009.<ref name="InvestingInterview">{{cite web|url=http://www.investing.com/brokers/banc-de-binary/interviews/banc-de-binary-ceo-oren-laurent-opens-up-on-binary-options-169615 |title=Banc De Binary CEO Oren Laurent Opens Up on Binary Options - with Banc De Binary |publisher=] |date= |accessdate=2013-11-11|first=Susan |last=Wright }}</ref> In June 2010 it introduced an online trading system at Bbinary.com.<ref>{{cite news|publisher=Investment Weekly News|date=June 26, 2010|title=Banc De Binary Bbinary.com Launches New Innovative Online Broker|pp=46|}}{{quote request}}</ref> | ||
| ==Regulation== | ==Regulation== | ||
| In June 2013 the ] and the ] filed lawsuits against Banc De Binary<ref name = "WSJ"/> as part of an increased effort to regulate prediction-based trading following a lawsuit with ].<ref name="one"/> The SEC said that Banc De Binary stated in 2012 that half of its 250,000 investors were based in the US. However, the ] is the only such service authorized by the US government to operate in the country.<ref name = "WSJ"/><ref name="one">{{cite news|newspaper=Financial Times|date=June 7, 2013|title=US launches civil action against Banc de Binary|first1=Gregory|last1=Meyer|first2=Arash|last2=Massoudi |
In June 2013 the ] and the ] filed lawsuits against Banc De Binary<ref name = "WSJ"/> as part of an increased effort to regulate prediction-based trading following a lawsuit with ].<ref name="one"/> The SEC said that Banc De Binary stated in 2012 that half of its 250,000 investors were based in the US. However, the ] is the only such service authorized by the US government to operate in the country.<ref name = "WSJ"/><ref name="one">{{cite news|newspaper=Financial Times|date=June 7, 2013|title=US launches civil action against Banc de Binary|first1=Gregory|last1=Meyer|first2=Arash|last2=Massoudi |url=http://www.ft.com/intl/cms/s/0/f507568e-ced9-11e2-8e16-00144feab7de.html?siteedition=intl#axzz33htcsGvs}}</ref> According to Banc de Binary website, it has voluntarily stopped offering its services to US residents.<ref>https://bancdebinary.com/</ref> | ||
| In February 2013, Banc De Binary registered with the ] in the ].<ref name="three">{{cite news|title=Regulated Binary Options Brokers|date=June 11, 2013|url=http://www.binarytribune.com/Regulated+Binary+Options+Brokers|newspaper=Binary Tribune}}</ref><Ref>{{cite news|date=October 30, 2013|title=Fears rise as foreign forex operators fall outside UK regulation|first=Vanessa|last=Kortekaas |
In February 2013, Banc De Binary registered with the ] in the ].<ref name="three">{{cite news|title=Regulated Binary Options Brokers|date=June 11, 2013|url=http://www.binarytribune.com/Regulated+Binary+Options+Brokers|newspaper=Binary Tribune}}</ref><Ref>{{cite news|date=October 30, 2013|title=Fears rise as foreign forex operators fall outside UK regulation|first=Vanessa|last=Kortekaas |url=http://www.ft.com/intl/cms/s/0/f7aa8634-40b4-11e3-8775-00144feabdc0.html#axzz340DZeX00 |newspaper=Financial Times}}</ref> | ||
| ==External links== | ==External links== | ||
Revision as of 00:31, 8 June 2014
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| Company type | Private |
|---|---|
| Industry | binary options |
| Founded | 2009 |
| Key people | Oren Laurent (CEO) |
| Website | www.bancdebinary.com/ |
Banc De Binary is a binary options trading company headquartered in Cyprus and Israel. Investors using its service bet on future prices of gold, oil, stocks or market indexes and are paid a return if their predictions come true within a set amount of time. It is one of the three largest binary options providers, along with 24Options and AnyOption.
The company was founded on January 15, 2009. In June 2010 it introduced an online trading system at Bbinary.com.
Regulation
In June 2013 the Securities Exchange Commission and the Commodity Futures Trading Commission filed lawsuits against Banc De Binary as part of an increased effort to regulate prediction-based trading following a lawsuit with Intrade. The SEC said that Banc De Binary stated in 2012 that half of its 250,000 investors were based in the US. However, the North American Derivatives Exchange is the only such service authorized by the US government to operate in the country. According to Banc de Binary website, it has voluntarily stopped offering its services to US residents.
In February 2013, Banc De Binary registered with the Financial Services Authority in the United Kingdom.
External links
References
- ^ Wright, Susan. "Banc De Binary CEO Oren Laurent Opens Up on Binary Options - with Banc De Binary". Investing.com. Retrieved 2013-11-11.
- ^ Meyer, Gregory; Massoudi, Arash (June 7, 2013). "US launches civil action against Banc de Binary". Financial Times.
- ^ "Regulators Sue Prediction Site, Allege Illegal Options". Wall Street Journal. Archived from the original on 2013-11-15. Retrieved 11 June 2013.
- ^ "Regulated Binary Options Brokers". Binary Tribune. June 11, 2013.
- "Banc De Binary Bbinary.com Launches New Innovative Online Broker". Investment Weekly News. June 26, 2010. p. 46.
{{cite news}}: Cite has empty unknown parameter:|1=(help) - https://bancdebinary.com/
- Kortekaas, Vanessa (October 30, 2013). "Fears rise as foreign forex operators fall outside UK regulation". Financial Times.