FinaCom Adds Shay Benhamou to Dispute Resolution Committee

The Financial Commission (FinaCom PLC) has brought in Shay Benhamou, the CEO of multi-asset trading technology provider Airsoft, to join the independent regulator as the newest member of its Dispute Resolution Committee (DRC).

Benhamou joins the Financial Commission during a time of expansion for the self-regulatory association. The commission recently added several new members to its existing roster, including his company Airsoft, which was added as an approved service provider to the commission’s partner section.

In addition to providing dispute resolution and certification services to the participants of the forex and derivatives markets, the Financial Commission recently extended its coverage to the crypto community and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term startups seeking to launch initial coin offerings (ICOs).

20-years’ experience in derivatives sectors

Benhamou has been involved in the financial services industry for nearly two decades with a wide range of roles held in leading positions. He has been leading AirSoft as CEO since 2015. Prior to that, he worked for over six years as a senior director at prime brokerage platform Camalia Capital Markets, which was also the exclusive representative ‎of Societe Generale in Israel.

AirSoft is a full-service fintech developer ‎with offices in Cyprus and Hong Kong offering forex and ‎contracts for difference (CFDs) trading capabilities for ‎online brokers.‎

The company was one of the first to develop a web-based ‎FX/CFD platform and was also one of the early ‎providers to offer a shared wallet solution. As the world of ‎online financial trading has been turning to Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term,‎ Airsoft was already there through partnerships with digital assets exchanges that allow its clients to have ‎access to trade crypto pairs.

Commenting on the appointment, Financial Commission Chairman Peter Tatarnikov said: “Shay is a dedicated professional in trading technology and we are thrilled to have him on board our Dispute Resolution Committee to assist us with trading related complaints and issues surrounding trading platform performance. I am sure Shay will provide our team with valuable feedback on important complaints regarding the trading of spot forex, CFDs and digital assets.”