Oren Laurent

Oren Laurent is founder and CEO of binary options trading firm Banc De Binary.

Spot Option
In 2008, a ruling by the SEC (Securities and Exchange Commission) meant that binary options were no longer limited to being traded on an exchange.

Banc De Binary
Laurent founded Banc De Binary, which opened for business on January 15, 2009. In an interview with the Financial Times, he claims that he began with 4 staff members and now has 250 over multiple offices worldwide.

Banc De Binary is not accredited with the Better Business Bureau, where it is rated "F" for failure to respond to customer complaints, and it is on the Securities and Exchange Commission's "List of Unregistered Soliciting Entities That Have Been the Subject of Investor Complaints".

Commenting in The Times on October 15, 2012, Laurent said:


 * "It’s a reflection of how far we are away from recovery that so many of the UK’s biggest companies are trading at a discount to their book value so long after the banking crisis began." 

CySEC
Laurent is currently based in Cyprus, overseeing the development of Banc De Binary’s new office there.