AnyOption and to Merge

It seems as if two big names in the financial community are hammering together a deal that could be announced in week now. Anyoption, one of the biggest Binary Option providers will merge with the portfolio management company,

According to Anyoption, the deal will lead to operational and regulatory synergies. There are a number of jurisdictions where Anyoption has a licence and would like to provide their services. With regards to the CySec licence, it is not certain whether they will relinquish one.

The merged entity will offer not only an investment management option through but also allow traders the opportunity to trade Binary Options on the Any Option platform. The deal is reported to also include some of the client list.

You may recall that the domain sold for over $5m in 2014. The company subsequently raised 20m in VC funding and launched as a portfolio management website. It has mainly target the UK as a way for retail investors to invest in alternative investments.

Industry insiders claim that the move by the parent company of Anyoption (Ouroboros Derivatives Trading) are feeling regulatory pressure in Europe and abroad. The company got its Cysec licence in 2012 and has been one of the better names in the industry.

Indeed, last year Anyoption decided to open offices in Bulgaria and Cyprus as the pressure from Israeli regulations on marketing started to weigh on the company. The parent company subsequently decided to get a Cysec licence for Portfolio Management and Investment Advice.

Anyoption also reduced the headcount at its Israeli call centres as a result of the regulations that aimed to restrict marketing of Binary Options to Citizens of Non European countries.