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Trading by Mobile and Staying Compliant

The UK's Financial Services Authority will require that mobile calls be recorded just as company landlines are said Thierry Charvet, head of marketing and strategy at Orange Business Services, a provider of trading turrets and mobile support services. The FSA rules take effect mid November and other regulators will probably The SEC does not now require that business mobile calls be recorded, although Charvet expects similar regulation to be introduced in the States because mobile phones are so widely used in financial services.

¡°It is now more or less a given that traders are using mobile go some extent even to place some deals.The 22-year-old suspect, Terron Alvin White of West Baltimore, appeared on a wireless digital baby video monitor in Montgomery County District Court.He is being held in a detention center, charged with 27 criminal counts that include kidnapping.¡± Some financial companies ban the use of mobiles for business, but they are under a lot of pressure from traders and sales traders to allow their use, added Charvet.

When the volcano erupted in Iceland last year and halted flights, many traders were stuck in airports or holiday spots far from their offices.

¡°If they were equipped with mobiles, they could go on trading to some extent; at least they could be do critical calls while being recorded, Charvet said. ¡°Mobile phones could also be part of business continuity planning.¡±

Several recording solutions exist. The mobile operator can provide it or the bank can record the call and archive it internally. On BlackBerry smartphones equipped with monitoring software, the call to a counterparty also triggers a call to the recA TAXI spy hidden camera scheme has netted its first criminal after a man was caught on CCTV running off without paying his cab fare. they are hidden in the back of taxis will make people think twice before abusing, attacking or stealing from drivers.ording facility.Several producers connect their laptop to the projector, others use mini dv video camera from digital decks, etc. Filmmaker Gray Warriner, however, points out that the National Park Service uses Roku BrightSign machines to show their film. Recording data, such as messages and trades, is relatively easy as well but regulators haven¡¯t yet required the capture and storage of messages.