This is a very exciting time for TradoLogic and for the industry as a whole. We are doing our utmost to catch up with the huge growth in demand for Binary Option platforms.
Sofia, Bulgaria (PRWEB UK) 11 October 2011
TradoLogic, the world's leading Binary Options Platform Provider expands its offices by establishing an additional Development Center in Sofia, Bulgaria. Currently TradoLogic employs 26 developers, but due to a steady increase in demand for TradoLogic platforms, the number is expected to grow to an estimated 120 employees within the next 18 months.
The potential and profit of the financial world's new trading 'game' are being realized as Finance and Gaming companies are taking advantage of the Binary Options trading trend. The simplicity and ease with which Binary Options are traded attracts a wide audience of traders, gamers, and amateurs alike. As the market grows, there are more opportunities for new brands to launch, as well as for existing trading and gaming platforms to add binary options to their portfolios. Due to the increase in regulation of online gambling, Binary Options are becoming the perfect solution to the impending client retention issue, as well as the gateway to previously inaccessible markets.
The new Development Center will be an extension of the existing Center based in Tel Aviv, Israel, named one of the ten most technologically influential cities in the world. The Tel Aviv Center will continue to manage and develop option pricing and algorithms, while the new Center will provide project management opposite the clients, Software development, technological research , a 24/7 customer technical support service and client site maintenance. The Bulgarian Center currently occupies an entire floor of a building at the Hi-Tech center of Sophia while the TradoLogic group is considering the option of purchasing the entire building.
''The addition of much required staff and personnel in our new Bulgaria-based Development Center, along with our high-end technology, will provide a tremendous boost to our turn-around time of setting up White Labels and will increase the range of products available to our clients'', says Itzik Ella, Vice President of Research and Development. ''This is a very exciting time for TradoLogic and for the industry as a whole. We are doing our utmost to catch up with the huge growth in demand for Binary Option platforms.''
TradoLogic's fully integrated solution is offered in an all-in-one package, allowing operators to quickly launch their platform using readily available, pre-integrated components. Additional trading features such as 'Take Profit', 'Stop Loss' and Roll-Over', have been developed exclusively for TradoLogic platforms in order for the Binary Options trading experience to be more exciting and attractive to the end-user.