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- Waarschuwing AMF France
The Autorité des Marchés Financiers (AMF) updates the list of unauthorised websites offering binary options trading
Published on January 21, 2014
The AMF is publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. Information in this press release is no longer up-to-date.
The Autorité des Marchés Financiers (AMF) is once again warning retail investors against aggressive internet advertising campaigns for binary option trading, announcing very high yields in very short periods of time.
Here is the new list which cancels and supersedes that published on 12 September 2013.
NB: these websites may change very quickly and this list is not intended to be exhaustive.
Binary options trading
These are financial instruments in the form of options that may generate gains or losses according to whether a condition is fulfilled or not on expiry of the option. Investors in these bonds must state whether the price of an underlying asset (for example a share, commodity or index, etc.) is going to rise or fall before its expiration: if they think that the price of the asset is going to rise, they buy a call option; if they think the price of the asset is going to fall, they buy a put option.
(*) This website has also been the subject of a decision by the Advertising Ethics Panel of the Autorité de Régulation Professionnelle de la Publicité (the French advertising self-regulatory organisation).
As a general rule, before committing yourself, you should always check that the financial intermediary offering or recommending such investments features on the list of financial institutions authorised to do business in France (https://www.regafi.fr/). Any unauthorised intermediaries run the risk of criminal sanctions.
If the intermediary in question is not on these lists, we strongly recommend that you do not respond to their offers.