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

This time the survey team went to London, England to visit the foreign exchange dealer Sigma as planned. The survey address is 25 Gresham Street London EC2V 7HN UNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address. The location of this building was very difficult to find. It had two gates, the larger one of which was not open because of the epidemic. The smaller one next to it was open though. There was a front desk inside and there were also employees coming and going. Through the glass wall you could see the large lobby, and there was an entrance guard leading upstairs. The investigators saw the dealer Sigma's water card through the glass wall.

Conclusion

The investigators went to visit the dealer Sigma in London, UK as planned. The dealer’s logo can be found on its publicly displayed address, indicating that the dealer has a real business venue. Unfortunately, the investigators failed to enter the company for further visit, so the specific scale of the business remains unknown. Investors are advised to make a sensible choice after careful consideration.

Disclaimer

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