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London based traditional stock brokerage veteran Templeton Securities has decided to expand its services into foreign exchange and CFDs trading, the company’s Co-Founder and Director Mike Andrews shared with Finance Magnates. The new subsidiary is called TempletonFX and the company has been around since 2006.
TempletonFX is regulated by the United Kingdom’s Financial Conduct Authority (FCA) with Templeton Securities holding a matched principle license which allows it to execute trades on a straight-through processing (STP) basis. TempletonFX is not entitled to hold clients funds under its FCA authorization, however it can give its clients trading advice.
existing clients of Templeton Markets can diversify ... (read more)