Throgmorton Street Capital FCA Approval

RNS Number : 1373F

ADVFN PLC

22 April 2014

 



22 April 2014

ADVFN Plc ("ADVFN" or the "Company")

ADVFN PLC is pleased to announce that Throgmorton Street Capital ("Throgmorton"), the brokerage trading name of ADVFN's wholly owned subsidiary ALL IPO PLC, has now been approved by the FCA to become a CASS Medium firm. This allows Throgmorton to hold client money of up to £1 billion within a calendar year

In the past the company was classified as a CASS Small company and could only hold up to £1 million worth of client money in a calendar year. 

Clem Chambers ADVFN's CEO said "this is a step forward for ADVFN as market activity continues to grow"

Enquiries

Contacts:

Clem Chambers [e-mail]

Salmaan Khawaja / Ed Thomas 0207 383 5100

Grant Thornton UK LLP (Nominated Adviser) 

 

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