Outset Global Trading Limited has agreed to pay a fine of $130,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA).

From January 2022 to December 2025, Outset served as an outsourced trading desk by executing equities and options transactions for its institutional customers, including transactions in thinly traded low-priced securities. During this time, the firm’s anti- money laundering (AML) program was not reasonably designed to detect and report suspicious transactions given this business.

As a result, the firm failed to detect and investigate potentially suspicious activity, including instances of potentially manipulative trading.

Therefore, Outset violated FINRA Rules 3310 and 2010.

The firm has agreed to a censure in addition to the $130,000 fine.

Outset has been a FINRA member since 2016. The firm is headquartered in New York, New York, and has five branch offices and approximately 20 registered representatives. The firm is an introducing broker-dealer that engages in a general securities business for both U.S. and foreign institutional customers.