The FinancialNovember 24, 2016 – Hong Kong & New York: The Financial Commission, a leading financial services independent external dispute resolution (EDR) organization, today announced the successful certification of trading machine provided by Tradency – RoboX
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Financial Commission conducted its rigorous review of Tradency’s trading machine, to ensure it met the technical information requirements of the Commission’s technology certification evaluation process. Financial Commission established a comprehensive list of points to verify including system security, capacity, business disaster recovery and continuity plan, as well as reporting and record keeping, among other fields deemed important to certify. |
“We are pleased to have concluded a successful technology certification for yet another provider and welcome Tradency to the Financial Commission as an approved provider,” said Financial Commission Chairman Peter Tatarnikov. “Reviewing the often complex business processes which underscore how technology works continues to be of the utmost importance amid scrutiny of best practices surrounding FX trading.”
“Tradency welcomes the opportunity to have the independent and qualified third party Financial Commission (FinaCom Plc), validate its machine,” said Tradency CEO, Lior Nabat. He added: “Certification from the Financial Commission, an organization which harbors a deep understanding of the Forex industry, underscores our commitment to best business practices and commercial integrity.”
About Robox
Tradency created a new method of strategies package trading that is simple, comfortable and dynamic. RoboX is a trading machine based on smart packages of strategies, each package is a compilation of strategies bind by a unique algorithm that is updated constantly. RoboX is aimed for traders wishing to diversify their investment portfolio by entering to the lucrative FX market, while minimizing the time vested in the acquisition of knowledge.
To learn more about RoboX please visit www.tradency.com/robox
About Tradency
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Tradency is a pioneering financial technology provider, focusing on B2B product development and advanced services for retail investors and retail traders. Tradency has been successfully providing automatic trading and advised investment platforms used by millions of end users globally. By deploying Tradency’s B2B business models, financial institutions around the world, license and market Tradency’s revolutionary financial technology, creating new market trends and business opportunities. |
Tradency invented the Mirror Trading concept in early 2005, creating a bank grade trading service that provides retail traders with valuable, professional knowledge and automatic trading strategy implementation. Since early 2015, Tradency is leveraging its success by bringing its established technology to provide financial institutions with a full stack digital investment ecosystem to serve the fast growing global robo advisory market and end-to-end, frontend & backend solutions for cross assets markets. Tradency is active in all 5 continents and has a prominent presence in Japan.
For more information, please visit www.tradency.com
About Financial Commission
The Financial Commission is an external dispute resolution (EDR) organization for consumers/traders who are unable to resolve disputes with financial services providers that are members of the Financial Commission. The Financial Commission set out to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading the Forex market. The Financial Commission was established to be a neutral 3rd party committee to fairly review and resolve complaints in an effort to facilitate a simpler, swifter resolution than through industry regulators and the legal system.
Technology developers seeking membership status with the Financial Commission can learn more about the process and expected requirements as part of the technology certification process in advance of applying for membership or in the preparation of submitting an application.
For more information, please contact The Financial Commission: [email protected]