- The Financial Commission has announced the appointment of Aytugan Khafizov, Founder and CEO of FastMT, to its Dispute Resolution Committee (DRC).
- This appointment marks the inclusion of the 37th DRC member since the inception of The Financial Commission in 2013.
- “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,” said Nikolai Isayev, Chief Operating Officer of The Financial Commission.
The Financial Commission appoints Aytugan Khafizov to its Dispute Resolution Committee, enhancing its capability to resolve trading disputes efficiently.
Aytugan Khafizov Joins The Financial Commission
The Financial Commission, a leading external dispute resolution (EDR) forum for the financial services industry, has announced the appointment of Aytugan Khafizov to its Dispute Resolution Committee (DRC). This addition brings the total number of DRC members to 37 since the organization’s inception in 2013. The DRC is composed of a diverse panel of industry professionals who follow a non-biased protocol to process and resolve complaints from members’ clients. This initiative aims to offer a swifter alternative to traditional regulatory channels such as arbitration or local court systems, which are often slower, less effective, and more expensive.
Khafizov’s Extensive Experience in Financial Trading Systems
Aytugan Khafizov, the founder and CEO of FastMT, is a seasoned technology expert with over two decades of experience in the industry. He began his career in 1999 as an IT Manager for Alpari and eventually became the Global CTO, helping to 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.
Impact on The Financial Commission
Khafizov’s appointment is expected to significantly strengthen The Financial Commission’s efforts in providing fair and efficient resolutions for its members’ clients. His deep expertise in financial trading systems and commitment to improving trading technologies align perfectly with the organization’s goals. The Financial Commission initially set out to provide a new approach for traders and brokers to resolve issues arising in electronic markets such as Foreign Exchange. Over time, it has expanded into CFDs and related derivatives, and also certifies technology platforms used for trading.
Conclusion
The inclusion of Aytugan Khafizov in The Financial Commission’s Dispute Resolution Committee is a strategic move that promises to enhance the organization’s capability to resolve trading disputes efficiently. With his extensive background in financial trading systems and technology, Khafizov is well-positioned to contribute significantly to the committee’s mission. This appointment not only underscores The Financial Commission’s commitment to improving the trading environment but also provides a robust framework for resolving conflicts swiftly and fairly.
