Anti-Money Laundering (AML)

Anti-Money Laundering (AML) is is a term used in the financial industry to describe a set of procedures, laws and regulations that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities.

AML regulations require institutions allowing customers to open trading accounts to complete due-diligence procedures to ensure they are not aiding in money-laundering activities. The legal responsibility to perform these procedures is on the institutions, not on the criminals or the government.

Commodity Futures Trading Commission (CFTC) is a US-based agency responsible for regulating the derivatives markets, which includes options, swaps, and futures contracts. CFTC plays an important...

Central Bank Digital Currency (CBDC)

CBDCs are digital forms of sovereign currencies issued by central banks.

Shadow Banking

Shadow banking is a term used to describe the portion of the financial system that is not regulated by the government.

TradFi

TradFi consist of retail, commercial and investment banks, and FinTechs (tech companies that operate in finance). For example, Goldman Sachs and JPMorgan Chase as banks, and SoFi, Square, and...

Binary Options

A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound complicated, but binary options are arguably a simpler way to trade than traditional options or currencies. Just like traditional […]

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Anti-Money Laundering

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