Tag Archives: FX

FCA fines broking firm for misleading conduct

Posted on December 22, 2020 by Christopher Wilsher

The FCA has imposed a fine on broking firm TFS-ICAP for misleading customers in the FX derivatives market. The regulator found that between 2008 and 2015, brokers at TFS-ICAP openly carried out a deceptive practice known as “printing” trades. The …

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Brexit boom in currency hedges sparks fears of mis-selling

Posted on August 5, 2019 by Christopher Wilsher

The tumbling pound is encouraging nervous UK importers to enter into complex currency transactions as they scramble to avoid higher costs. But some consultants warn those deals could expose them to significant losses. Collyer Bristow’s Head of Dispute Resolution, Robin …

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