Traders and brokers

We help wholesale clients that undertake trading and broking activities across a variety of sectors including equities, bonds, FX, commodities and derivatives.  Traders and brokers are subject to a wide range of regulation, from best execution obligations and OTC derivatives reporting to often complex prudential requirements.

We have lots of experience in providing perimeter guidance in relation to whether an investment type or proposed activity is subject to regulation, assisting firms in obtaining a MAS/SFC licence, and providing ongoing support. We know there is no one-size-fits-all approach.

We also help financial institutions to decide the best way to do business in Europe – be it setting up a subsidiary, or establishing a branch. There may also be an opportunity under MiFID II to carry out activities in Europe without having a permanent presence there.

How can we help? Examples include:

  • Application of specific rules
  • Application of risk-based capital requirements
  • Adhering to client money and asset rules
  • Financial crime issues.