Anyoption new License for Portfolio Management and Investment Advice

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anyoption Obtains CySEC License for Portfolio Management and Investment Advice

The company is preparing to expand the portfolio of services that it offers across the European Union

One of the biggest binary options brokers, anyoption has just announced that it has added a brand new operating license into its portfolio of regulatory permits. The parent company of the brokerage received authorization from the Cyprus Securities and Exchange Commission (CySEC) to offer a new set of services across the European Union.

In addition to the company’s market maker license, Orobouros Derivatives Trading now has an extension to its permit which allows the firm to provide Portfolio Management and Investment Advice.

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Shy Datika, CEO, anyoption

Commenting on the announcement, the CEO of anyoption, Shy Datika, said: “We are proud to extend our Market Makers licence into the areas of Portfolio Management and Investment Advice. anyoption has always put regulation first and we see this extension as an opportunity to introduce to our large and loyal customer base new range of products that are different the traditional Binary Options.”

Anyoption has been expanding the scope of its regulated activity, most recently by a partnership enabling it to enter the South African market. The addition of new credentials for its trading license in Cyprus implies that the firm’s intention is to broaden the scope of its activity as well.

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One of the most successful and attractive binary options brokers on the market, AnyOption, has recently added one more license to its collection of regulatory permits. The holding company that manages AnyOption called Ouroboros Derivatives Trading Ltd has obtained a new license following the decision to expand the scope of the company’s activities in the European Union. So what is this new license for and what will it mean for traders?

New Services from Orobouros Derivatives Trading

In addition to the Market Maker license that Orobouros Derivatives Trading obtained from Cyprus Securities Exchange Commission (CySec) back in 2008, now the company also has CySec license for Portfolio Management and Investment Advice. As AnyOption has always been a broker that valued regulations and was properly licensed from the very beginning of its operations, undergoing the process of obtaining the Portfolio Management and Investment Advice license was necessary in order to expand broker’s list of services all across the European Union.

The addition of new credentials certainly signals that the company is doing very well and wants to continue growing and offering new services to the loyal clients as well as attracting new customers.

AnyOption Expansion

This is not the first time AnyOption is making efforts in order to expand its portfolio of activities. Only last year it made a strategic move and decided to launch trading activities on the South African market. So apart from CySec, it is also regulated by the South African FSB with the financial services provider registration number FSP 42020. South Africa is a very interesting market for binary options brokers, and we applaud AnyOption for going through all the necessary regulatory procedures and securing a place for itself there.

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