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, UK to visit Mitsui Bussan Commodities, a foreign exchange dealer, at 6th Floor 1 St. Martin's Le Grand London EC1A 4BB UNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address. The building can be found east of central London, and the location is relatively prosperous. Its classical European architecture is impressive, and both the internal and external environment is remarkable. Nevertheless, the transportation is inconvenient, and it is far from the subway station. The streets are also being built at the moment. The investigators cannot find any information about the foreign exchange dealer Mitsui Bussan Commodities near the building.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer Mitsui Bussan Commodities 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.