Which is the Type 7 regulated activity?

• A. Advising on futures
• B. Asset Management
• C. Providing credit rating services
• D. Providing automated trading services

Answer: (D)

Type 7 focuses on providing automated trading services, which means running or offering algorithmic trading systems that automatically place orders for clients (or for the firm) and manage execution with appropriate risk controls. This is a tech-driven trading service, not about giving investment advice, managing a portfolio, or evaluating creditworthiness. Therefore, the option describing algorithmic/automated trading services best fits Type 7. The other options involve advising on futures, asset management, or other services that fall under different activities and do not represent automated trading.