Exclusive: Akin Abbak Joins Financial Commission's Committee

The Financial Commission has filled a key vacancy, adding Akin Abbak, Managing Partner of ABBAK Attorneys at Law Firm in Istanbul, Turkey, to its Dispute Resolution Committee (DRC), bringing the committee executive count to twelve.

The Financial Commission is a neutral third party regulator that specializes in FX resolutions between traders and brokers, having recent expanded into binary options, with Binarystation as its first platform provider.

Mr. Abbak is no stranger to the financial industry having advised a variety of entities including brokers, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and technology providers, and myriad others. He maintains a specialization in financial services, corporate, commercial and financial law.

According to Peter Tatarnikov, Chairman of the Financial Commission, in a recent statement on the appointment, “The Financial Commission is glad to welcome Akin Abbak to our DRC. His expertise in legal matters and research on margin trading will be a great complement to an already robust committee of industry members, and that will add, even more, to our ability to process complex cases in related complaints.”