February 10, 2014: Binary21 is going to be the first binary options broker to implement the STP None dealing desk business model, confirmed the sources. It is an online platform for binary options trading that offers users the capability to understand and trade in the current financial markets in a simplified, gaming-like fashion.
When contacted, Kyle Cottrell, the managing director of the company said, As a pioneer of the MT4 STP, straight through processing business model and technology, I swiftly noticed there was a huge hole in the binary options business model and set out to fill it. Unlike most other Binary Options brokers, Binary21 has No Dealing Desk. Our business model is based on utilizing ®Straight Through Processing (STP) Hedging technology adopted straight out of the FOREX, options and swaps, equity and futures market and developed to work in binary options that both routes and processes orders where all our client’s orders are sent to a network of liquidity providers.
According to sources, most of the Binary Brokers have totally worked off the dealing desk business models that have some technology limitations or lack of liquidity sources. It not only puts the brokers at risk of dealing with malicious order flow but also places limitations on clients from receiving fair execution. The dealing desk model takes the other side and so inherently clashes with a conflict of interests of their own clients.
Binary21 aims to amend this situation by leveling the playing field, while not putting anyone at risk. The company has a strategic priority of providing a winning and commercial trading experience to customers, whether they are new or experienced traders. It provides a full range of education materials, immediate technical support, and consulting services to all clients.
Binary21 assists traders and investors in getting benefits from the present explosion in the binary options trading market by offering them best conditions. The company is established by experienced people in online trading technology. It has transformed the business of binary options trading by making it more convenient and safer with the help of the latest and most advanced technology.
About Binary21:
Binary21 is a one-of-its-kind STP model binary options trading company that provides the trading of Binary Options accessible to everyone. Founded in 2013, Binary21 has revolutionized the binary options trading industry by making trading fairer, convenient, and more secure using the latest and most advanced technological achievements.
Contact Information:
Contact Person: Kyle Cottrell
Contact Number: 1 212 359 1651
Email id: [email protected]
Website: http://www.binary21.com/
