We are an Israeli financial technology provider, and as such we will always adhere to the requests of local regulations put in place by the Israel Securities Authority.
Peter also noted that despite various offers, the company declined to transfer or sell its operations to any alternative industry competitors. As previously reported by Finance Magnates, SpotOption had already begun the process of shutting down binary options activityshifting its focus toward other financial instruments, including CFDs and cryptocurrencies.
The process of halting operations was done gradually, since it affects a vast network of traders around the world.
SpotOption is currently exploring additional avenues to provide its clients with innovative financial trading platforms and instruments, and the company could undergo a spotopton binary options to accommodate the end of its binary options activities. SpotOption has been at the forefront of the binary options industry for a substantial period of time.
In a previous statement given to Finance Magnates, Mr.