Brokers & Trading Firms

Practical regulatory expertise for wholesale brokers, interdealer brokers, and proprietary trading firms.

We provide specialist compliance support for brokers and trading firms operating in fast-moving markets. Our consultants understand the unique pressures of broking and trading environments, where commercial imperatives and regulatory obligations must be balanced in real time.

With ongoing regulatory focus on market conduct, transaction reporting, and surveillance, we help firms build proportionate frameworks that satisfy FCA expectations without impeding business.

Sector Overview

Brokers and trading firms face intense regulatory scrutiny of their market conduct, surveillance arrangements, and client relationships. In the UK, the FCA maintains particular focus on best execution, conflicts of interest, and market abuse controls in this sector.

Whether you operate as an interdealer broker, agency broker, or proprietary trading firm, the regulatory expectations are demanding. Our compliance support for brokers draws on practical experience across different trading models and asset classes.

Sector-Specific Challenges

Wholesale brokers and trading firms we work with, commonly face pressures such as:

Building effective market abuse surveillance across voice, electronic, and hybrid execution
Meeting MiFID II best execution and order handling requirements
Managing transaction and trade reporting obligations accurately
Implementing robust conflicts of interest frameworks
Satisfying inducements and research payment requirements
Maintaining appropriate client categorisation and professional client assessments
Responding to FCA thematic reviews and data requests

We help firms tackle these sector challenges proactively. Reducing risk and improving operational confidence.

HOW WE HELP

Day-to-day regulatory guidance, compliance troubleshooting, and expert technical support.

We provide practical help for compliance teams, senior leaders, and firms seeking authorisation or ongoing regulatory peace of mind.

Our advice is always practical, proportionate, and rooted in regulatory reality – ensuring that compliance becomes a source of confidence, not complexity.