Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lykke - a global marketplace
by
LykkeX
on 21/09/2016, 17:37:23 UTC
3.3) I am sorry i don't want to be rude, but i try to be as much Due Dilligent as possible since i invest generally something between 5BTC to 20 BTC, but the result of an earlier company can not be used to justify the valuation of a new project.

Just adding some more questions :
One of the most important areas of exchanges are the risk management part, because of all counterpart risk, operational risk, leverage etc etc, can you talk about the expertise in this field from the team ?

Also, can you talk about the legal expertise and dealing with regulators expertise of the team ? One thing is to deal with FX Exchange regulatory environment, another completely different environment is dealing with an exchange that can virtually trade any type of asset.

The talks about regulation as an MFT are in process, and 1 license for the Asian markets already has been obtained. Unfortunately not all the activity is visible for the public at the moment, but we're working on that. Yes, there is one dedicated expert with risk-management background.

Quote
Lykke Corp has subsidiaries: Lykke Corp UK Ltd., company registered in England
number 10093552 limited by shares, and Lykke Vanuatu, regulated by the Vanuatu Financial
Services Commission (VFSC) with Company number 17909