Reason for this visit

According to the Reuters, the United Kingdom has expanded its leading position in the field of global FX trading in the years since it voted to leave the European Union. In addition, the British retail foreign exchange market has one of the world's three most stringent regulatory bodies, that is the Financial Conduct Authority (FCA). Many FX dealers take obtaining FCA regulation for pride, and also hope to enter the country to develop market business. To help investors or practitioners have a more comprehensive understanding of the dealers in that country, the survey team is going to UK for site visits.

On-site visit

In this period, the survey team went to London, England to visit the foreign exchange dealer Aperture as planned. The survey address is 11 Bressenden Place London SW1E 5BY UNITED KINGDOM.

The survey personnel came to the destination of the current survey based on the above address, which is not far from Buckingham Palace. The office area is composed of several buildings that all have special appearance. There are many restaurants and cafeterias downstairs. There is a front desk and several food stores on the first floor, which are connected to each other. Many people eat nearby on weekends. There are also receptionists on duty at the front desk on the first floor. The survey personnel cannot find any information about the foreign exchange dealer Aperture near the destination.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer Aperture as planned. They did not find the dealer’s office on the publicly displayed address, and the dealer simply registered the company at that address without real business premises. Investors are requested to choose the dealer carefully.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.