|The Financial Commission, operated by FinaCom PLC, is pleased to report that it has concluded a successful event after participating in the Forex Magnates London Summit last week, on November 18th and 19th.|
The event – visited by over 1000 attendees – is one of the few places where industry professionals from the online brokerage space are able to meet and discuss key challenges and developments affecting financial services firms that cater to traders in forex, CFD, Binary options and Cryptocurrency markets.
Financial Commission Exhibitor Booth
|Juan Jutgla CEO Better Way Consulting
and Peter Tatarnikov COB Financial Commission
|Zack Ioannou VP Financial Commission|
Broker-Members of the Financial Commission were able to meet with the organization’s representatives, including DRC members who were present at the event and had visited the Commission’s dedicated exhibitor booth.
|Akin Abbak Managing Partner Abbak Attorneys at Law
and Peter Tatarnikov COB Financial Consulting
|Zack Ioannou, Akin Abbak and Peter Tatarnikov|
In addition to exhibiting at the event, where Commission staff interacted and provided educational information to attendees on the benefits of joining the Financial Commission, a presentation was also held by the organization’s Chairman, Peter Tatarnikov.
Presentation Regarding Ibinex
Financial Commission Chairman Peter Tatarnikov conducted a presentation explaining the commission’s role in providing compliance oversight to Ibinex – a newly developed Cryptocurrency ECN – that is set to go live as a solution for brokers in coming months.
The launch of Ibinex and the role that the Financial Commission has in supporting the exchange’s operation had been previously announced, and the preliminary feedback after the presentation at the event showed that a lot of companies are interested in a Cryptocurrency product that could be packaged via a regulated exchange such as Ibinex.
In addition, Chairman Tatarnikov highlighted the role that the Financial Commission plays in helping to support brokerages and their clients by providing a non-biased solution tailored specifically based on the financial products offered, and how the Commission can help provide added value in the customer-broker relationship journey.
Comments On Outcome of Event
While the event has just concluded, Chairman Tatarnikov commented regarding the outcome, “The Financial Commission has a proven business model for some time already, considering the number of brokers who have joined as members and the cases we have processed, so the ability for us to explain these benefits to attendees at the Forex Magnates London Summit was a fantastic platform to get our message out. That message is simple, we can help the industry solve a common challenge of mediating client disputes when all else fails, and this is key to helping improve or manage customer relations in such cases.”
Just as participation in the Forex Magnates London Summit last year had led to a number of improved business developments, this year’s event was perceived just as beneficial since interest and feedback was positive from industry participants, and the event saw a high number of attendees.
For more information on the latest developments and to learn more about the Financial Commission, please contact us today.