Financial Commission Issues VMT-Based Certification of Execution Quality

[kreslik.news]

The Financial Commission (FinaCom PLC) has issued execution certifications for some of its broker members as the industry-specific association attempts to reduce the number of execution-related disputes that occur before they progress into formal complaints.

The FinaCom’s assessments depend on VerifyMyTrade, a post-trade solution that has developed capabilities to accurately measure the execution quality of positions across the retail FX market.

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The recently launched “value-added” service allows clients of the commission’s brokerage members to use its analysis tool to check whether their trades were fairly priced or not.

Verify My Trade consolidates price ... (read more)