The Financial Commission appoints FastMT’s Aytugan Khafizov to committee

Rick Steves

“We are thrilled to have Mr. Khafizov join our dispute resolution committee. His deep expertise in financial trading systems and his commitment to improving trading technologies will significantly strengthen our efforts in providing fair and efficient resolutions for our members’ clients.”

The Financial Commission has announced the appointment of Aytugan Khafizov, Founder and CEO of FastMT, to its Dispute Resolution Committee (DRC).

The leading external dispute resolution (EDR) forum catering to the financial services industry is thus welcoming its 37th DRC member since its inception in 2013.

Formed by a diverse panel of industry professionals who follow a non-biased protocol to process and resolve complaints from our members’ clients, the DRC is a critical component of The Financial Commission’s goal of offering the brokerage industry a swifter alternative to the conflict resolution process between traders and brokers. Otherwise, they would have to go through typical regulatory channels such as arbitration or local court systems, which are slower, less effective, and expensive.

The 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 as Foreign Exchange, and then expanded into CFDs and related derivatives, in addition to certifying technology platforms used for trading.

Aytugan Khafizov was a key player in Alpari and MetaQuotes

Aytugan Khafizov, founder and CEO of trading systems provider FastMT, is a seasoned technology expert with over two decades of experience within the industry, having begun his career in 1999 as an IT Manager for Alpari. He then climbed his way up to the role of Global CTO and helped establish Alpari’s brokerage operations in the United States, the United Kingdom, and Cyprus.

Khafizov also served as the Chief Information Officer at MetaQuotes, the developer of the popular trading platforms MetaTrader 4 and MetaTrader 5. His extensive experience in both retail and institutional trading, as well as in technology and building effective technology teams, will be invaluable for The Financial Commission and its efforts to bring harmony within the brokerage space.

He founded FastMT in 2020 to offer p

Financial Commission Chief Operating Officer, Nikolai Isayev commented: “We are thrilled to have Mr. Khafizov join our dispute resolution committee. His deep expertise in financial trading systems and his commitment to improving trading technologies will significantly strengthen our efforts in providing fair and efficient resolutions for our members’ clients.”

Read this next

blockdag

Must-Watch Top 5 Crypto Picks for Q2 2024 Featuring BlockDAG, Toncoin, Solana and More

Dive into BlockDAG’s meteoric rise and explore other promising altcoins like Pepe, Toncoin, Solana, and Render for superior returns.

Retail FX

Clone of Admiral Markets draws FCA attention

The United Kingdom’s financial markets watchdog today unmasked another fraudulent entity, this time bringing to light a clone firm that has been posing as FCA-‎authorised brand, Admiral Markets UK Ltd.

Digital Assets

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program as part of a settlement with the New York Attorney General (NYAG), announced on Friday.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

blockdag

Q2 2024’s Top 5 Cryptos to Buy: BlockDAG, Pepe, Toncoin, Solana and Render

Learn about 2024’s Q2 top 5 cryptos. Explore potential high-return and advancements of altcoins like BlockDAG, Pepe, Toncoin, Solana, and Render.

Fundamental Analysis, Tech and Fundamental, Technical Analysis

GBPCAD Technical Analysis Report 14 June, 2024

GBPCAD currency pair can be expected to fall further toward the next support level 1.7250, former strong resistance from last year.

Digital Assets

Binance acquitted of tax evasion in Nigeria, now faces AML charges

Nigeria has dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the world’s largest cryptocurrency exchange appointed a local representative to handle court processes related to the allegations.

Digital Assets

Trezor launches new hardware wallet ‘Safe 5’ with fresh security features

Crypto hardware wallet manufacturer Trezor announced on Friday the launch of its latest flagship product, the Trezor Safe 5, featuring upgraded security to promote self-custody of digital assets.

Institutional FX

Tradeweb enhances RFQ trading in bonds and ETFs

“Clients can now leverage predictive analytics and data to unveil deeper insights at the list level, providing them with an unparalleled level of precision throughout every point of the RFQ trading process.”

<