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ITM Financial Stun the Competition: Binary Options Software Launches Next Week

After recently releasing a unique, brand new system which utilizes neural networks and technical analysis to assess and manage risk in trading, Boston-based forex signals provider ITM Financial now surprise us with another product – a binary options software package. The development of this latest service was kept strictly in secret before today's announcement which came as huge surprise both to ITM Financial's clients as well as to their stunned competitors. 

 
"We told our members we had a surprise for them that didn't involve forex signals." says Curt Dalton, CEO of the company. "Everyone assumed that since we are close to releasing our US stock market software, that the surprise would be a new feature or a date change on our release date. We decided to develop the binary options trading platform in secret to allow us some privacy and protection against competitors and copycats." 
 
ITM Financial's US Stock Market software is due to launch in mid-April, while the binary options extension comes out next week. First to be granted access to the latter are current clients of the company, although it won't be long before membership becomes open to non-members as well.
 
Including binary options to their offering was a smart and very timely move, given that this is the most prospering sector of the futures and options industry. Although they became available to the average trader back in 2008, it is only in the past couple of years that binary options' popularity skyrocketed, turning this investment mode into a multimillion industry.
 
Binary options, or otherwise called digital options, can be divided in two distinct categories: cash-or-nothing where the payoff is a previously set amount, won if the price reaches (American options) or exceeds (European options) the strike price and asset-or-nothing where the payoff is equal to the asset's price, given that the asset's price exceeds the strike price. ITM's Chief Technology Officer, Ali Khan, believes that this market will in fact continue to grow in the future, considering that more and more traders use binary options to hedge currency pairs and commodities like gas, oil and gold. “Our forex signals software has had such great reviews and results, we had a growing demand from our members to expand to not only the US stock market, but also into binary options. One of the great hedging advantages of binary options is that the potential risk and return of the investment is 100% transparent and known before the purchase is made." 
 
Well, seems like a good enough incentive. Although it's a fairly new company, ITM Financial entered the industry with a revolutionary vision, realizing how important social networks actually are to foreign exchange. If the binary options offering is at least half as successful as their ForexSocialSignals.com, a system operating on the basis of texual analysis and pattern classification data gathered from Facebook and Twitter, then ITM have surely done their job right.
 

About ITM Financial

 
ITM Financial is a Boston-based software company offering forex signals memberships and managed account programs, and is one of the fastest growing, reliable and popular forex signals providers on the internet. Using their unique, revolutionary Text Analytics and Pattern Classification technology applied on data collected from social networks like Twitter and Facebook, the company's algorithmic trading system provides high accuracy forex trading signals to its members, or undertakes trading on their behalf through their fast-execution automated trade copier service.
TAGS: itm financial  binary options  us stock market  forex signals  trade  trading 
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