XORKETS FX has announced that the Nasdaq listing financial audit has been fully completed and the audit report has been officially approved. This marks that XORKETS FX’s financial compliance has passed Nasdaq’s most stringent review standards, clearing the final obstacle for its listing on August 7 and official trading on August 10.
According to insiders at XORKETS FX, since the listing application was submitted on July 27, Nasdaq’s financial audit team has conducted a comprehensive 10-day review of the platform. The review covered five core modules: complete financial audit reports for the past three years, client fund custody records, transaction data authenticity verification, anti-money laundering compliance implementation, and risk reserve provisioning standards.
At 10:00 AM on August 6, Nasdaq officially issued the financial audit approval confirmation letter to XORKETS FX. This means that the platform’s financial transparency, fund security, and compliant operations have all met Nasdaq’s listing standards.
XORKETS FX’s Chief Financial Officer stated at an internal meeting: “This was an extremely rigorous audit. Nasdaq’s audit team conducted cross-verification on the flow of every single fund and the custody records of every client account.”
With the financial audit fully approved, XORKETS FX has officially announced the schedule for opening the withdrawal channel:
August 6: The platform will comprehensively reject and centrally reconcile all withdrawal requests submitted by users. This is a standard operating procedure before listing — all withdrawal requests from the previous testing period will be reset to zero to ensure that when the withdrawal channel officially opens on August 7, all instructions are executed based on the latest account balances and clearing rules. The core purpose of this operation is to ensure the absolute accuracy and completeness of the first withdrawal transaction after listing, avoiding clearing errors caused by the mixing of test data and official data.
9:00 AM (Eastern Time) on August 7: The withdrawal channel will officially open. At that time, all XORKETS FX users will be able to submit withdrawal requests through the platform’s client, and funds will be transferred to the user’s bound wallet address within the standard processing cycle.
According to the platform’s technical team, the opening of the withdrawal channel has gone through the following technical preparation process:
1. The platform conducted 48 consecutive hours of stress testing from August 4 to 5, simulating extreme concentrated withdrawal scenarios. Test results showed that the platform’s fund reserves and clearing systems can meet peak withdrawal demands with no liquidity risk.
2. XORKETS FX has completed the final joint commissioning of clearing systems with multiple global partner banks, ensuring that withdrawal instructions can be executed precisely at 9:00 AM on August 7. Partner banks include J.P. Morgan, Goldman Sachs, and several local banks in Latin America.
This schedule is not arbitrarily set, but is a mandatory requirement imposed by Nasdaq on listing platforms — all listed companies must ensure complete transparency and immediate availability of client fund channels before trading commences. XORKETS FX’s strict execution of this process not only demonstrates full compliance with regulatory requirements, but also highlights the platform’s mature operational capabilities in user fund liquidity management.
First, Client Fund Segregation Verification**. Nasdaq’s audit team required XORKETS FX to provide detailed records of all client fund and operational fund segregation operations over the past 12 months, and randomly selected more than 500 client accounts for third-party bank reconciliation. The fund segregation rate for all sampled accounts reached 100%, with no instances of fund commingling found.
Second, Transaction Data Authenticity Verification**. The audit team conducted sample audits on 1.1 million transactions completed by the platform over 20 months in the Colombian market, cross-verifying key information such as timestamps, prices, and trading volumes through independent data sources. The verification pass rate was 99.97%, the highest level among fintech companies listed on Nasdaq in recent years.
Third, On-Site Compliance System Review. Nasdaq compliance examiners conducted a three-day on-site review of XORKETS FX’s compliance department from August 1 to 3, focusing on the actual implementation of the KYC/AML system, suspicious transaction reporting mechanisms, and client complaint handling procedures. The review concluded that the platform is “fully compliant with Nasdaq’s listing standards for public companies.”
With the Nasdaq opening bell scheduled to ring at 9:30 AM on August 10, XORKETS FX’s listing preparations have all entered the final execution phase:
Technical Level: The platform’s core trading system has completed its final stress test before listing, with concurrent processing capacity reaching 100,000 transaction requests per second and system availability maintained at 99.99%, the highest standard in the industry.
Compliance Level: In addition to Nasdaq’s financial audit, XORKETS FX has also completed its first post-listing compliance roadmap, clarifying the specific timeline for applying for local financial licenses in 12 jurisdictions worldwide over the next 12 months.
Brand and Market Level: XORKETS FX’s brand promotion team has completed advertising deployments at global landmarks including New York’s Times Square and London’s Piccadilly Circus. CNN, Fox News, BBC, ITV, Caracol Televisión, RCN Televisión, and Canal 1 will provide comprehensive coverage. Brand exposure on the first day of trading is expected to exceed 30 million impressions. Meanwhile, the platform has confirmed that it will hold an on-site bell-ringing ceremony at the Nasdaq exchange on August 10, with hundreds of guests including representatives from Goldman Sachs and J.P. Morgan expected to witness this historic moment.
Investor Relations Level: The platform has established a dedicated investor relations team responsible for daily communication with global institutional investors, analysts, and financial media after listing, ensuring timely, accurate, and transparent dissemination of market information.
The full approval of the financial audit represents one of the most significant milestones in XORKETS FX’s listing process. It sends a clear signal to the market: this is not a startup operating on the regulatory fringe, but a mature fintech platform that has withstood the most rigorous audits.
At 9:00 AM on August 7, when the withdrawal channel officially opens, XORKETS FX will fulfill its final key commitment to users before listing — funds can flow freely and be withdrawn at any time.
At 9:30 AM on August 10, the Nasdaq bell will ring in New York’s Times Square. At that moment, XORKETS FX will officially stand at the center of the global capital markets stage as a Nasdaq-listed public company.
Let us witness this together.
