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ARTICLE · 19 AUGUST 2019

The Restriction Binary Options Trading In Cyprus

A. Karitzis & Associates L.L.C
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Binary Options Trading resembles a method of trading through speculation on the price of different forms of commodities or assets with a predetermined risk which offers potential for profit or loss.

CyprusFinance and Banking
A. Karitzis & Associates L.L.C
A. Karitzis & Associates L.L.C
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What is Binary Options Trading?

Binary Options Trading resembles a method of trading through speculation on the price of different forms of commodities or assets with a predetermined risk which offers potential for profit or loss. It is basically a form of trading which offers two possible outcomes – either the price of a particular asset or a commodity increases or it decreases. The investor must speculate which direction the price will move (upwards or downwards) in a specified time in order to have financial gains from this method of trading.

The Temporary Restriction Measures Implemented by ESMA

The European Securities and Markets Authority (ESMA) which acts as the European Unions' markets security regulator, announced on the 1st of July 2019 that the temporary measures prohibiting the marketing, distribution or sale of Binary Options to retail clients in the European Union would not be further renewed and hence they expired in July 2019.

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