SpotOption Takes Steps To Meet Customer Demands

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SpotOption Takes Steps To Meet Customer Demands

SpotOption’s New Digital Contracts, Warnings And More

Spotoption just announced the release of their latest innovation, Digital Contracts. The Digital Contracts are another step toward providing the most transparent and regulator friendly binary options trading outside the US. This latest effort combines most of the aspects required by the CFTC and those changes proposed by CySEC earlier this year.

The new trading style is awesome but really nothing more than a new twist on the original Ladder Options already offered by the platform. Digital Contracts allow trader to choose from a set of listed strikes with the same expiry, price is determined by the position of the underlying assets price relative to that strike. The contracts pay out on a binary, all-or-nothing model that allows for massive profits with deep-out-of-the-money strikes.

And The Warnings Continue

Global regulators continue to roll out the warnings although it seems in most cases it is little more than lip service. Take for example the Austrian regulator FMA with their warning against the Swiss Methode binary options trading robot. The robot is definitely a scam, the issue at hand is that they’ve been in operation for more than a year and have been warned about many times in the past. They do in fact operate under many names including the Canadian Method, UK Method and many others.

The Manitoba regulator, MSCV, is also jumping on the bandwagon. It is one of 13 provincial regulators within the country of Canada actively working against a rising tide of binary options fraud. Their latest warnings are against Options500, an obvious scam, and Boss Capital, a once trusted broker who has been warned by just about every other province in Canada over the past few years.

The Spanish CNMV warned against a total of 7 brokers this month in their efforts to curb fraud. This broker is one of a growing number of European regulators who are stepping up their game. Their latest list includes TorOption, ARC Global Trader S.L., Tradev LTD, 53 Capital Trade Limited, DGX Systems LTD (also known as Prime FX Bank), DGX System LTD, and First Investments Capital Markets … most of whom have been warned before by other countries and all for the same thing. No regulation.

My Conclusion

My conclusion is simple. On one side of the coin regulators hate binary options because of fraud and will not stop fighting it. On the other side of the coin traders still want to trade binary options and the brokers and technology providers want to provide them. This means that more and more brokers and tech companies will move toward regulation so long as the regulators allow access to the markets, which in the end will kill the unregulated market. If they don’t unregulated binary options will persist, and 95% of it will be total scams.

SpotOption Takes Steps To Meet Customer Demands

SpotOption’s New Digital Contracts, Warnings And More

Spotoption just announced the release of their latest innovation, Digital Contracts. The Digital Contracts are another step toward providing the most transparent and regulator friendly binary options trading outside the US. This latest effort combines most of the aspects required by the CFTC and those changes proposed by CySEC earlier this year.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

The new trading style is awesome but really nothing more than a new twist on the original Ladder Options already offered by the platform. Digital Contracts allow trader to choose from a set of listed strikes with the same expiry, price is determined by the position of the underlying assets price relative to that strike. The contracts pay out on a binary, all-or-nothing model that allows for massive profits with deep-out-of-the-money strikes.

And The Warnings Continue

Global regulators continue to roll out the warnings although it seems in most cases it is little more than lip service. Take for example the Austrian regulator FMA with their warning against the Swiss Methode binary options trading robot. The robot is definitely a scam, the issue at hand is that they’ve been in operation for more than a year and have been warned about many times in the past. They do in fact operate under many names including the Canadian Method, UK Method and many others.

The Manitoba regulator, MSCV, is also jumping on the bandwagon. It is one of 13 provincial regulators within the country of Canada actively working against a rising tide of binary options fraud. Their latest warnings are against Options500, an obvious scam, and Boss Capital, a once trusted broker who has been warned by just about every other province in Canada over the past few years.

The Spanish CNMV warned against a total of 7 brokers this month in their efforts to curb fraud. This broker is one of a growing number of European regulators who are stepping up their game. Their latest list includes TorOption, ARC Global Trader S.L., Tradev LTD, 53 Capital Trade Limited, DGX Systems LTD (also known as Prime FX Bank), DGX System LTD, and First Investments Capital Markets … most of whom have been warned before by other countries and all for the same thing. No regulation.

My Conclusion

My conclusion is simple. On one side of the coin regulators hate binary options because of fraud and will not stop fighting it. On the other side of the coin traders still want to trade binary options and the brokers and technology providers want to provide them. This means that more and more brokers and tech companies will move toward regulation so long as the regulators allow access to the markets, which in the end will kill the unregulated market. If they don’t unregulated binary options will persist, and 95% of it will be total scams.

What Happens When a Business Does Not Meet the Demand of Consumers?

Consumer demand is a driving force for sales at retail businesses. Additionally, manufacturers and wholesalers have to keep up production and supply to retailers. Failure to have adequate inventory to meet the demand of consumers is a major business problem with several side effects.

Lost Sales

The first major issue with not having enough inventory to meet demand is lost sales. Customers usually approach your business with an intent to buy. This in itself is an accomplishment. When consumers realize you are out of stock, they have to seek out other providers or brands to meet their needs. Not only do you lose sales, but you miss out on profit opportunities.

Lost Customers

In the long run, a greater concern in not meeting consumer demand is losing customers altogether. For a buyer, finding out a product he wants is unavailable is frustrating. Some customers may give your business or product more than one opportunity to make good, but eventually, they want options that are consistently available. Retailers must monitor customer demand and stay diligent with inventory management and buying processes to ensure they have products on hand to meet demand.

Negative Publicity

When you have dissatisfied customers in the market, you also have negative word-of-mouth advertising floating around. You may never see some consumers simply because a friend warned “Don’t go to Company X because it always runs out of Product Y.” Insufficient supply falls under the general umbrella of inconvenience, and you don’t want a significant portion of the market to view your business or products as inconvenient.

High Costs

While the service issues carry greater weight, failure to meet consumer demand also has other economic effects. Generally, when you buy products from vendors, you get discounts for higher-volume purchases. If you under-buy and don’t meet demand, you miss an opportunity to get a better cost per unit through a larger purchase from your supplier. Forecasting demand accurately allows you to more easily make large purchases.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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