Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority
This means that Abshire-Smith meets the high standards and regulations required by the Financial Conduct Authority. The regulator monitors are operations on an ongoing basis, to ensure that adhere to the statutory regulatory requirements that they have stipulated.
We are independently audited on an annual basis to ensure that we implement the strict due diligence, KYC (Know Your Client) and AML (Anti-Money Laundering) requirements when dealing with our client’s trades and their funds.
Abshire-Smith Global Ltd is a company registered in England and Wales, with Companies House, company number:.
Abshire-Smith Global Ltd is registered with the Information Commissioner’s Office (ICO).
Our company registration number: .
Abshire-Smith Global Ltd segregates our client funds into special client accounts and held separate from our company capital. Segregation of client funds ensures that in the unlikelihood of Abshire-Smith default or insolvency, these funds would be separate by creditors and not used to meet obligations. We hold client segregated accounts within UK Banks in London.
The FSCS covers business conducted by firms authorised by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the independent watchdogs set up by government to regulate financial services in the UK and protect the rights of consumers.
European firms (authorised by their home state regulator) that operate in the UK may also be covered.
The FSCS protects: deposits, insurance policies, insurance broking (for business on or after 14 January 2005), including connected travel insurance where the policy is sold alongside a holiday or other related travel (e.g. by travel firms and holiday providers) (for business on or after 1 January 2009); investment business, and home finance (for business on or after 31 October 2004).
Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority as a matched principle. We rigorously vet all of our counterparties, to clear 100% of our trades through UK FCA regulated counterparties. Operating an agency only business model means that Abshire-Smith is unable to hold proprietary positions, or take exposure to the markets.
We act as an intermediary between our clients through our 3 trading platforms, FIX/API connections and platform bridges, to liquidity providers, aggregators and major exchanges. (This means that we operate an STP/ECN/DMA trading model and do not run a “B Book” or make a market, to remove the conflict of interest between ourselves and our clients.