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Samsung puts Mifid II compliance officer in traders' pockets

Calls, texts, even movements to be tracked and uploaded to employers' systems for analysis

Samsung puts Mifid II compliance officer in traders' pockets
Photo: iStock

Samsung is launching a product that will allow banks to record all the calls and texts made on its smartphones by trading employees - and track their movements - as technology firms large and small look to capitalise on opportunities stemming from the EU's revised trading rulebook.

The product - to be launched by the group's enterprise subsidiary Samsung SDS Europe - works with the group's Samsung Galaxy devices, the company said on September 30.

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