Binary Option System Dominator

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Galaxy International School is hiring early years and primary class English-speaking Teachers for ages 3-11 years in Kampala, Uganda. --- Where is your dream job Find more overseas jobs here...The AboutJobs Network:AboutJobs SummerJobs SeasonalJobs OverseasJobs InternationalJobs ResortJobs InternJobsBanc De Binary is a Cypriot enterprise specializing in binary options (also known as fixed return options) on assets including commodities, stocks, indices, and foreign exchange. The company operates an online trading website through which customers can buy or sell binary (call or put) options, predicting whether the price of a certain commodity will go up or down in a specific time period. 3 Banc De Binary customers do not execute their trades via a regulated exchange, but are betting against the firm itself, and the firm only profits if the client loses. 4 5 Banc De Binary is an associate of Spot Option Exchange which sets the price of the option. The price of the option is not a market price, but is set by Spot Option Exchange itself. 6The company allows people to place predictions on changes in the price of various assets by using a pricing platform provided by an Israeli company, Spotoption, and customised by Banc De Binary. Customers do not own the asset but instead predict whether its price will rise or fall. 9 Banc De Binarys role is to create accounts for customers as a reseller of Spotoptions services. The company offers several kinds of options customers can make predictions of the price of over 200 global assets including commodities, stocks, indices, and FOREX using several variations of the trading platform including classic binary options, 10 long term options, sixty seconds, 11 one touch (boundary options), 12 and pairs trading.Banc de Binary is a Cypriot corporation based in Limassol, Cyprus. It is affiliated with ET Binary Options Ltd., BO Systems, Ltd., and BDB Services, Ltd., incorporated in Israel and the Republic of Seychelles. The companies collectively do business as Banc de Binary. Banc de Binary was founded by Oren Shabat Laurent, a 29-year-old (as of 2014) American and Israeli citizen who lives on the outskirts of Tel Aviv. Laurent owns 50 of Banc de Binary, and is also the sole owner or 50 shareholder of ET Binary Options Ltd., BO Systems, Ltd., and BDB Services, Ltd. 13In an interview the companys founder stated that the firm was founded on January 15, 2009, 1 and that before, he had worked at NAF Hedge Funds and Infinity Private Investment Funds, which he described as hedge funds in New York. 14 The company also claims to have been founded in Seychelles in 2008. 15In an interview, the companys founder claimed that by June 2011 the company had around 20,000 client accounts, 16 unreliable source and in an open letter published by August 2012, he claimed that number was then 200,000. 17 Banc De Binary have stated that it is a small company, with approximately 60 employees. 13 An article in the Independent on Sunday newspaper described it as a leading City trading firm, although it does not have an office in the City of London, and the address the company gives is a virtual office space with no physical presence. 18 19Investment firms regulated by CySEC must demonstrate to CySEC that their activities comply with the laws of any non-EU countries where they do business. 22 23 According to the company, its operations outside of the European Union are conducted by BDB Services Limited (formerly known as BO Systems Limited), which is incorporated in the Seychelles. 24The Financial Services Register maintained by the UKs Financial Conduct Authority states that from 25 February 2013 the company is authorised or registered by ... CySEC ... and may be subject to limited regulation by the Financial Conduct Authority. 25 The company has similar licences in Germany, 26 Italy, France, 27 and Spain. 28 In accordance with the European Markets in Financial Instruments Directive (MiFID), the company has passported into almost all member states of the EEA MiFID allows companies to provide financial services primarily regulated by their home state rather than the state where the customer resides, 29 but clients based in other countries would receive nothing if the company collapsed. 30The company has been charged with several offences by the CFTC and SEC, and trading with US customers has been frozen following an injunction on 1 August 2013. 8 32 Charges filed on 7 August in the US stated that Banc De Binary may be criminally liable under the federal RICO statute. Banc De Binary has refused to appear in court in the US for depositions. 13 Within the European Union, the company is regulated by the Cyprus Securities and Exchange Commission (CySEC). On 7 April 2014 CySec announced that they had fined Banc De Binary 10,000 Euros after it had concealed material information in its request for authorization CIF submitted to the commission in August 2012, namely concealed the existence of close links between it and another company. 33Banc De Binary claimed to have an office in New York City at Trump Towers, but this was in fact a virtual office space with no significant physical presence. 34 Trading and offering financial services to US consumers without gaining a license first from US regulators is illegal, as it would mean the client would have no protection.