London Summit 2017 Wrap-up Video: TRAction excites the European FX community

What do reflex games, high-tech drones and MiFID II trade reporting have in common? They were all part of TRAction’s engagement with the FX and CFD community at the Finance Magnates London Summit last week.

TRAction’s Director, Quinn Perrott, ran the workshop “Avoiding the MiFID II Time-bomb: 7 Steps to take Now” to improve industry preparedness for the new regime being implemented on Wednesday, 3 January 2018. The workshop covered the intricacies of MiFID II and seven practical steps that firms can take to be MiFID II ready. Please contact us if you would like a copy of the workshop slides.

Meanwhile at the TRAction booth, FX industry experts from around Europe tested their reflexes on the Batak game to go in the running to win a DJI Mavic Pro drone. The winner was Dmitriy of IQ Option with an impressive score of 59 hits in 30 seconds – congratulations Dmitriy!

We were also very please to be a finalist in the Best RegTech/Reporting Solution category.

We had a great time meeting many representatives of FX and CFD firms. If you missed the opportunity to meet us at the conference, we would still love to hear from you and to have a conversation about the upcoming regulatory changes, please get in touch.

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Digital Option Reportability

A digital option is an instrument which allows traders to manually set the strike price and expiration date by taking a position with only two possible outcomes and a fixed payout. In order to profit, the price of a security must exceed the predetermined strike price.