UK Archives - The Industry Spread

UK Based Investment Firm Admiral Markets Has Updated Minimum Fund Deposit Requirements

May 2, 2019

According to latest headlines, UK based Admiral Markets – a renowned international trading service provider and investment firm has announced changes to minimum deposit amount for two of their trading accounts earlier today. To those not familiar with the name, Admiral Markets is a MT4 platform based trading service provider that has been active for nearly two decades now covering a wide array of financial instruments ranging from Forex, ETF’s, CFD’s, Indices, Stocks and Cryptocurrencies. The reason for the broker’s popularity stems from their trading account features such as option to trade with 0 spread and option to trade multiple assets under single trading account. Admiral Market provides trading services in both MT4 and MT5 platform.

Marketing of Funds in Norway in Case of a No-Deal Brexit.

April 11, 2019

The UK will become a third country in relation to EU-rules if it withdraws from the EU without a deal (“hard Brexit” or ” no-deal Brexit “). Fund management companies based in third countries are not eligible for the notification regime (passporting) for marketing, as set out in the UCITS and AIFMD directives. Marketing of funds associated with third countries in Norway requires authorisation from Finanstilsynet.

CFTC Staff Provides Further Brexit-Related Market Certainty

April 9, 2019

The Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Market Oversight (DMO), and Clearing and Risk (DCR), today announced they will grant no-action relief to provide greater Market Certainty to the global marketplace in connection with the anticipated withdrawal of the United Kingdom of Great Britain and Northern Ireland (UK) from the European Union (EU) with or without a ratified withdrawal agreement (Brexit).

deVere Group CEO Welcomes May-Corbyn Brexit Talks

April 5, 2019

Three years after the referendum, Prime Minister Theresa May has decided to reach out to opposition leader Jeremy Corbyn. The “constructive” talks on Wednesday afternoon, meant to end the deadlock over Brexit, are seen as a welcoming sign by UK and global business, according to CEO Nigel Green, as both sides were showing flexibility.

Brexit: The FCA Confirms Final Rules for Firms

April 3, 2019

As the UK prepares to leave the EU, the FCA has been working to deliver a transition that is as smooth as possible. The package of documents published contains the majority of the final instruments and guidance, following the February publication of the FCA’s Policy Statement with near-final instruments.