Great Partners delivering better value and service
ODL & FXCM Inc
“An Alliance of Value, Security, Technology and Information”
About Sharewatch Ltd
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.
Business Model
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.
Client Funds & Security
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.
All Client Funds are held in a Segregated Bank Account and can never be used by the
Company.
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.
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.
Independent News & Media Ltd
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.
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.