July 3rd, 2019, The Financial Commission, today announces a partnership with Tradefora, an independent provider of pre and post trade execution analytics. The new partnership will give traders more options to check their executed prices against the overall market, thus increasing pricing and execution transparency for the FX market.
Expanding Best Execution Efforts
The Financial Commission first launched efforts to increase pricing and execution transparency for traders in August of 2018 in partnership with Verify My Trade, and has issued 11 best execution audit certifications to broker members so far.
To further expand the availability of analytical tools for traders the Commission has partnered with Tradefora to provide broker members and their customers access to the TradeGuard and TradeGuard Live tools. The easy to use tool works in real-time by scoring each trade against the trade blotter to determine if it was executed within the acceptable market range.
Through our partnership, customers of approved broker members using Tradefora TradeGuard can easily access the tools on our official Commission website and navigate directly into the TradeGuard interface to check their trades.
To find out more about the TradeGuard service and how to connect, please visit our dedicated Tradefora website page.
About Financial Commission
Financial Commission is an independent external dispute resolution (EDR) organization for consumers/traders who are unable to resolve disputes directly with their financial services providers that are members of the Financial Commission. Financial Commission initially set out to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading electronic markets such Foreign Exchange, and then expanded into CFDs and related derivatives, in addition to certifying technology platforms used for trading.
For more information please contact us at [email protected].