Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Throgmorton Street Capital FCA Approval

22nd Apr 2014 07:01

RNS Number : 1373F
ADVFN PLC
22 April 2014
 



22 April 2014

 

ADVFN Plc ("ADVFN" or the "Company")

 

ADVFN PLC is pleased to announce that Throgmorton Street Capital ("Throgmorton"), the brokerage trading name of ADVFN's wholly owned subsidiary ALL IPO PLC, has now been approved by the FCA to become a CASS Medium firm. This allows Throgmorton to hold client money of up to £1 billion within a calendar year

 

In the past the company was classified as a CASS Small company and could only hold up to £1 million worth of client money in a calendar year.

 

 

Clem Chambers ADVFN's CEO said "this is a step forward for ADVFN as market activity continues to grow"

 

Enquiries

Contacts:

Clem Chambers [email protected]

 

Salmaan Khawaja / Ed Thomas 0207 383 5100

Grant Thornton UK LLP (Nominated Adviser) 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGGUBPCUPCGMM

Related Shares:

ADVFN
FTSE 100 Latest
Value8,474.74
Change0.00