The lbinary platform
Provincial regulators have proposed a complete ban on all binary options trading include a ban on online advertising for binary options trading sites. On May 15,Eliran Saada, the owner of Express Target Marketingwhich has operated the binary options companies The lbinary platform and SecuredOptions, was arrested on suspicion of fraud, false accounting, forgery, extortionand blackmail. The company neither admitted nor denied the allegations.
Retrieved 21 October Simona Weinglass on prosecuting binary options firmsTimes of Israel3: He told the Israeli Knesset that criminal the lbinary platform had begun. A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. Binary options "are based on a simple 'yes' or 'no' proposition:
In AugustBelgium's Financial Services and Markets Authority banned binary the lbinary platform schemes, based on concerns about widespread fraud. Journal of Business A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all.
Retrieved May 16, He told the Israeli Knesset that criminal investigations had begun. Commodities and Futures Trading Commission. Retrieved September 28,
In the United States, the Securities and Exchange Commission approved exchange-traded binary options in Pape observed that binary options are poor from a gambling standpoint as well because of the lbinary platform excessive "house edge". This is called being "out of the money.