The 10trade website is owned by 10trade (“the Company”) an investment firm regulated by the Cyprus Securities and Exchange Commission. The Company is required, in accordance with the European Union’s Markets in, Financial Instruments Directive (MiFID) and in accordance with the Investment Services Activities and Regulated Market Law 2007 in Cyprus to provide information on the Company’s policy on conflicts of interest and its approach to managing any conflicts of interest fairly: both between 10trade.com our directors, employees and our clients, and between your interests and those of other clients.
The Company defines a conflict of interest as any situation where either the Company or an individual is in a position to exploit a professional or official capacity in some way for either corporate or personal benefit.
Extensive measures have been adopted by the Company to prevent, control and manage the exchange of information between relevant persons engaged in activities involving a risk of a conflict of interest. For example, the Company has removed any direct link between the remuneration of relevant persons principally engaged with one activity and the remuneration of different relevant persons principally engaged in another activity.
When the measures taken by the Company to manage conflicts of interest are not sufficient to ensure, with reasonable confidence, that the risk of damage to clients’ interests will be prevented, the Company will disclose the conflicts of interest to the client in order to prevent a risk of damage to clients’ interests. Prior to carrying out a transaction or providing an investment or an ancillary service to a client, the Company must disclose any actual or potential conflict of interest. The disclosure will be in sufficient time, in a durable means.
The Company maintains a record, which is regularly updated, of the kinds of investments and ancillary services or investment activities carried out by the Company or on its behalf in which a conflict of interest entailing a material risk of damage to the interests of one or more clients has arisen.