Abshire-Smith Journal
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- Full listing profile: Abshire-Smith broker profile
Is Abshire-Smith safe?
- Investor protection: UK Financial Services Compensation Scheme (FSCS)
- Regulation: FCA UK
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: ...
- Negative Balance Protection: no
Is Abshire-Smith trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- Abshire-Smith website: semi-detailed, updated
★★★ - Abshire-Smith popularity (by visitor count): low visits
★★
How Abshire-Smith works
DMA with multiple liquidity providers.
http://www.abshire-smith.com/products/fx-trading/
ABS may execute trades through a variety of Banks, Prime Brokers, Hedge Funds, Market Makers or other clearing houses.
Please note that ABS does not trade outside of a regulated market or Multilateral Trading Facility (MTF) or deal in any OTC transaction in the EEA.
ABS does not trade as principal.
http://www.abshire-smith.com/best-execution/
Counterparties
Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority as a matched principle. We rigorously vet all of our counterparties, to clear 100% of our trades through UK FCA regulated counterparties. Operating an agency only business model means that Abshire-Smith is unable to hold proprietary positions, or take exposure to the markets.
We act as an intermediary between our clients through our 3 trading platforms, FIX/API connections and platform bridges, to liquidity providers, aggregators and major exchanges. (This means that we operate an STP/ECN/DMA trading model and do not run a “B Book” or make a market, to remove the conflict of interest between ourselves and our clients.
http://www.abshire-smith.com/why-abshire/about-us/
http://www.abshire-smith.com/client-agreement/
http://www.abshire-smith.com/vertexfx10/faqs/
FAQ: Are you a market maker? No, Abshire-Smith is not a market maker.
Abshire-Smith Global Ltd is authorised and regulated by the Financial Conduct Authority as a matched principle. Operating an agency only business model means that Abshire-Smith is unable to hold proprietary positions, or take exposure to the markets.
This means that we operate an STP trading model and do not run a “B Book” or make a market, to remove the conflict of interest between ourselves and our clients. We rigorously vet all of our counterparties, to clear 100% of our trades through UK FCA regulated counterparties.
How does Abshire-Smith make money?
Abshire-Smith is remunerated from executing trades by marking-up (widening) the spread received from liquidity providers, compensation for order flow and where applicable charging commissions.
Abshire-Smith is an appointed liquidity provider (by the developers Hybrid Solutions) for the award winning VertexFX 10 platform.
http://www.abshire-smith.com/platforms/vertex-bridge/