Wednesday 19th June 2013 10:12 PM
FXCM Inc is one of the World's largest brokers, quoted on the New York
Stock Exchange and regulated by several of the world's most respected
Regulatory Authorities including the Financial Services Authority in the UK.
In 2010 FXCM Inc entered the European market with the acquisition of ODL
Securities Ltd. At the same time Sharewatch Ltd entered into an agreement
with FXCM Inc creating a combination of Sharewatch's low cost trading
and FXCM's better technology and highly regulated security.
Founded in 1999 and headquartered in New York, NY, FXCM has operating
subsidiaries regulated in a number of jurisdictions, including the United
States, the United Kingdom (where regulatory passport rights have been
exercised to operate in a number of European Economic Area jurisdictions
including Italy, France, Germany, and Greece), Hong Kong, Japan and
Australia.
Independent News & Media PLC (INM) is a leading international newspaper
and communications group. Its main interests are located in Australia,
Ireland, New Zealand, Northern Ireland and South Africa.
In Australasia, through its associate holding in APN News & Media Limited
(APN) (31.6%), INM is the largest outdoor advertising operator and also the
leading radio operator, with over 130 stations and an audience of almost six
million people. It also has leading outdoor advertising positions in Hong
Kong and Indonesia and is the largest newspaper contract printer on the
island of Ireland.
From its newspaper origins in Ireland, it has grown and evolved to become
a geographically and media diverse group with market-leading brands. In
aggregate, INM and its APN associate, manages gross assets of €2.1 billion,
revenue of €1.3 billion and employs approximately 8,000 people worldwide.
Sharewatch Ltd is a privately-owned Irish based financial services company. Founded in 1996 it soon became the financial portal for many. In 2000 Independent News & Media Ltd became shareholders and a year later Sharewatch was regulated by the Central Bank of Ireland (Financial Regulator) and launched the first low cost share trading service in Ireland.
Sharewatch is an independent company and not committed to any one financial institution. Sharewatch's business model is to outsource wherever possible and to partner with companies who can provide added value to its clients. Sharewatch partnered with FXCM Inc one of the worlds largest brokers, quoted on the New York Stock Exchange and regulated by many of the world best respected Regulatory Authorities. This partnership provides Sharewatch clients with a combination of the Sharewatch Low Cost model and the FXCM's security and technology.
Sharewatch Ltd appointed FXCM to execute, clear and administer all trades. By contracting directly with FXCM Inc it provides the client with far better security. With segregated accounts, a far better compensation scheme, the client can rest assured that their investments are well protected.
In addition to Insurance against fraud you are covered by the far superior UK's Financial Services Compensation Scheme (FSCS) - see for yourself by clicking links below: The Financial Services Compensation Scheme (FSCS) is the UK's statutory fund of last resort for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or likely to be unable, to pay claims against it. UK - Financial Services Compensation Scheme (FSCS)
There are currently three Board Directors. Peter Byrne (Managing) and John Crowley (Secretary) are founders and key shareholders with Garret Doyle (non Executive) representing Independent News and Media plc.
Ernst & Young,
City Quarter,
Lapps Quay,
Cork, Ireland.
Tel: +353 (0)21 480 5700
GJ Moloney Solicitors
Hambleden House, 19-26 Lower
Pembroke Street, Dublin 2, Ireland.
Tel: +353 (0)1 678 5199
Courthouse Chambers, 27-29 Washington
Street, Cork, Ireland.
Tel: +353 (0)21 427 5261
Ulster Bank
Douglas Branch, Watergold Building,
Douglas, Cork, Ireland.
Tel: +353 (0) 21 40890127