How to Verify Your UK FCA Broker's License?

Posted by Natallia Hunik on Aug 1, 2018 9:15:50 AM

In a world of constantly evolving regulations, licensing and compliance is of paramount importance. Many traders and brokers read and hear about regulation everywhere, but even with all of this awareness, I still often times come across corporate clients and institutional traders who are failing to conduct counterparty due diligence. 

The FX world has witnessed a lot of changes during last five years and there will be, undoubtedly, more to come. Mifid II is pushing for transparency, disclosure and fair trading conditions. 

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Topics: Regulation, Licensing, Forex Brokerage, UK FCA License, UK FCA Broker, UK FCA Register, UK FCA Registry

What is an LEI Number and Where to Get One?

Posted by Natallia Hunik on Aug 1, 2017 8:19:40 AM

Welcome to a financial world, full of mysterious acronyms. LEI, CASS, ECP, EMIR, MiFIR, MTF, OTF… This industry just loves acronyms and MiFID II just gave us a whole lot of new ones to work with.
One that I have started hearing more often is the LEI number and it relates directly to the requirements embedded in the upcoming MiFID II directive. The following article will hopefully give answers to these much-asked questions, what is an LEI? Who needs one? Why it is required? How do I get one?

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Topics: MiFID2, MiFID, Regulation, Institutional Broker, Institutional Trader, Retail Broker, Retail Trader, UK FCA Registry, Start Your Own Forex Brokerage, SYOB, FX Broker Startup, Brokerage