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Panda TS Buys Polar IO – Enters Binary Options World

The news from Panda Trading Systems continue pouring in. After announcing that  FxPro WebTrader will be powered by Panda Trading Systems, the Israeli software provider now announces that it is acquiring  Polar IO Software, Ltd., a software company that specializes in development of front end interfaces for binary options, as well as pricing algorithms for various types of binary options.

This development certainly upgrades the offering of Panda. For more, see the press release below:

May 26, 2013.   Haifa, Israel.  Panda Trading Systems Ltd., (Panda TS), the industry’s leading online trading technology provider specializing in customized solutions for retail online brokers and financial institutions, has recently announced their recent acquisition of Polar IO Software Ltd., a software company specializing in front-end development interfaces for binary trading platforms and advanced pricing algorithms for a wide range of binary option types.

Panda TS is the first software company to integrate the binary options offering as a shared wallet for MT4.   A shared wallet allows the MT4 end-user to use their existing Forex account to trade binary options in addition to forex and CFDs.   Panda TS’s technology enables brokers to offer binary options as a shared wallet solution for MT4 traders without needing to alter their existing systems or overall technology architecture.   Leading binary trading platforms choose Panda TS as their supplier-of-choice to offer their operators the binary trading MT4 shared wallet solution.

By acquiring Polar IO Software Ltd., Panda TS will now be able to enrich their current offering of binary trading software solutions.  Until now, Panda TS ha offered the MT4 shared wallet solution.  Now, the company has extended their MT4 shared wallet solution with a trading interface designed for Forex users.  This ready-to-roll binary interface completes the current service solution, cutting down the integration time from weeks to days.

Further, Panda TS will now be able to offer binary options brokers and platform providers the Polar IO Risk Management Solutions toolkit.   Polar IO Risk Management Solutions contains a series of performance tools powered by highly sophisticated algorithms developed   exclusively to meet the unique needs of binary trading operators.

Brokers using this set of tools and adaptive pricing algorithms will ensure optimally efficient and effective risk management and fair pricing for any market condition in order to attract more professional traders and raise the maximum trade size.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.