BINARY OPTION FIRM REGISTRATION
Oxford has been successful in obtaining licenses for Cyprus Investment Firm (CIF) which are able to trade Binary Options with EU regulatory status.
Binary Options are financial instruments and as such are included in the legal framework of Cyprus Securities and Exhange Commission (CySEC) and any person who provides investment services, in relation to binary options, must apply to CySEC for obtaining a CIF license.
Oxford maintains close cooperation and relationship with the regulatory authorities of Cyprus (CySEC) and plays a significant role in the financial services industry.
Oxford can assist you to obtain the license and establish your Cyprus Investment Firm for trading Binary Options, and also provide you with all support services that your firm will need.
Our team of professionals can assist on the set up of your business in Cyprus and the training of your employees so that we ensure that you step into a successful business establishment.
Binary Options as per CySEC clarifications are now included in the following categories:
- Options, futures, swaps, forward rate agreements and any other derivative contracts relating with securities, currencies, interest rates or yields, or other derivatives instruments, financial indices or financial measures which may be settled physically or in cash.
- Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of a default or other termination event).
- Options, futures, swaps, and any other derivative contract relating to commodities that can be physically settled provided that they are traded on a regulated market or/and a Multilateral Trading Facility (“MTF”).
- Options, futures, swaps, forwards and any other derivative contracts relating to commodities, that can be physically settled not being for commercial purposes, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are cleared and settled through recognised clearing houses or are subject to regular margin calls.