Betbrokers plc, the UK retail and wholesale brokerage and clearing house for the sports betting industry, has announced the launch of a fixed odds financial betting website, BetbrokersBinaries.com.
The site offers clients the facility to bet on stocks, indices and foreign exchange at fixed odds, using a simple real-time dealing system. Clients can build their own bets by choosing the bet type, the market, whether it will rise or fall, and how long the bet is to run for. Clients can then watch and trade in real time.
Wayne Lochner, Betbrokers Chairman and CEO, said: ‘We are very excited to be the first in the UK to have acquired the use of this powerful, cutting-edge technology. My vision has always been to transfer financial trading know-how to the betting arena. This technology will help us to achieve our long term strategy of providing a holistic betting model for the rapidly globalising betting industry.”
Betbrokers believe that allowing clients to build their own stock market bets is less risky than financial spread betting, CFD's (Contract for Difference) or futures trading. The product is also fully licensed and commission & tax free under UK law.
Betbrokers plc, the UK retail and wholesale brokerage and clearing house for the sports betting industry, has announced the launch of a fixed odds financial betting website, BetbrokersBinaries.com.
The site offers clients the facility to bet on stocks, indices and foreign exchange at fixed odds, using a simple real-time dealing system. Clients can build their own bets by choosing the bet type, the market, whether it will rise or fall, and how long the bet is to run for. Clients can then watch and trade in real time.
Wayne Lochner, Betbrokers Chairman and CEO, said: ‘We are very excited to be the first in the UK to have acquired the use of this powerful, cutting-edge technology. My vision has always been to transfer financial trading know-how to the betting arena. This technology will help us to achieve our long term strategy of providing a holistic betting model for the rapidly globalising betting industry.”
Betbrokers believe that allowing clients to build their own stock market bets is less risky than financial spread betting, CFD's (Contract for Difference) or futures trading. The product is also fully licensed and commission & tax free under UK law.
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