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Sokn Engineering
United States
2017 (8 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Sokn Engineering
Company Information
Get to know Sokn Engineering
Sokn Engineering is a S.T.E.M. company that has developed highly complex mathematical algorithms for Financial Technology. It has developed highly complex mathematical algorithms for the Financial Technology (FinTech) industry. Once Sókn’s HyperFund Engine (their comprehensive product offering) is complete, they will offer the FinTech industry an end-to-end solution applied to investment banks, private trading desks, hedge funds, individuals, or any organization looking to predict financial behavior.
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