Instinet Europe Limited

Reference number: 140822

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When instinet.com first appeared online, and whether it can receive email
  • What kind of line 020 7154 8400 is
  • Who else gives the postcode EC4R 3AB
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • Instinet UK Ltd Former name

FCA permissions and consumer protection

  • Hold or safeguard your money · Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (12 permissions)
  • 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.
  • 2. Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account.
  • 6. Money remittance.
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Causing dematerialised instructions to be sent
  • Dealing in investments as agent
  • Dealing in investments as principal
  • Making arrangements with a view to transactions in investments
  • Operating a Multilateral Trading Facility (MTF)
  • Sending dematerialised instructions

Limits on what they may do

  • Matched principal broker limitation
    Unable to hold financial instruments for own account unless it meets the 'matched principal exemption conditions' in the FSA's Glossary of defined expressions used in the FSA's Handbook

FCA disciplinary action

FCA action

fine
1
in fines
£1.05m
most recent
April 2010
  • Fined £1.05m on 8 April 2010
    On 8 April 2010 the FSA imposed a financial penalty of £1.05 million on Instinet Europe Limited in respect of breaches of rules set out in chapter SUP 17 of the FSA Handbook and Principles 2 and 3 of the FSA's Principles for Businesses which occurred between April 2007 and June 2009 ('the Relevant Period'). In breach of SUP 17 Instinet failed to submit accurate transaction reports in respect of more than 22.1 million transactions. The firm breached Principle 2 by failing to conduct its business with due skill, care and diligence through failing to respond appropriately to clear indications that there were issues with the effectiveness of the transaction reporting process. The firm breached Principle 3 by failing to take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems, in respect of its transaction reporting processes and procedures. Firms are required to submit accurate and complete transaction reports to enable the FSA to detect and investigate suspected market abuse: insider trading and market manipulation.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
01915961
Company status
Active
Company type
Private limited company
Incorporated
22 May 1985 (41 years old)
Registered office
1 Angel Lane, London, EC4R 3AB
Nature of business
  • Security and commodity contracts dealing activities (SIC 66120)

Directors and company secretaries

Name Role Born Appointed Other companies
Richard William Parsons Director Jul 1975 22 Jun 2016 2 other companies
Magnus Henry Peter Falk Director Dec 1963 26 Apr 2023 9 other companies
Jonathan Wayne Lewis Director Dec 1967 1 Nov 2024 None
Shogo Ohira Director Oct 1974 28 Jul 2026 5 other companies
Michelle Sylvia Rodrigues Secretary Not published 16 Oct 2008 –

Other companies run by these 4 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
12
closed down
3
are FCA-registered
2

In the full report: all 12 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • The 4 companies these 4 directors run together
  • All 59 people who have ever been directors, with their dates
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Key dates in its history

Instinet Europe’s history from the FCA register and Companies House, newest first.

Key events (9) All events (125)

2023

24 March 2023

  • FCA imposed a requirement (Matched principal broker limitation)

FCA register

2016

6 April 2016

  • Instinet International Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2010

8 April 2010

  • Fined £1.05m by the FCA

FCA register

2002

15 March 2002

  • Changed its registered name from "Instinet UK Ltd"

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1988

29 April 1988

  • Regulated by the Securities and Futures Authority from this date

FCA register

1985

22 May 1985

  • Incorporated at Companies House

Companies House

In the full report: all 125 events

  • All 125 events in its history (9 shown here)
  • Every director appointment and resignation: 113
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Firms connected to Instinet Europe

Other FCA-listed firms that share a director, phone number or address with Instinet Europe. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (2), the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Instinet Europe

Other firms of the same type (payment or money transfer firm), nearest first.

In London

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Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Instinet Europe

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 12 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 125 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Instinet Europe Limited FCA authorised?
Yes, Instinet Europe Limited (FRN 140822) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a payment or money transfer firm. The FCA has placed a limit on what it may do.
What is Instinet Europe’s phone number and website?
The FCA register lists the phone number 020 7154 8400 and the website instinet.com for Instinet Europe. If you were given different contact details, use these to check with the firm before going any further.
Is Instinet Europe a scam or clone?
Instinet Europe is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Instinet Europe?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount, and eligible claims may be protected by the FSCS. You can also refer complaints about Instinet Europe to the Financial Ombudsman Service, free of charge.
Who owns Instinet Europe?
Instinet Europe is owned by Instinet International Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Instinet Europe?
Companies House lists 4 directors of Instinet Europe: Richard William Parsons, Magnus Henry Peter Falk, Jonathan Wayne Lewis and Shogo Ohira.
How long has Instinet Europe been in business?
The company was formed on 22 May 1985, and has held its current FCA authorisation since December 2001.
Has the FCA taken action against Instinet Europe?
Yes. The FCA register records 1 fine in 2010, £1.05m in total. The details are in the disciplinary section above, with links to the FCA's notices.
Does Instinet Europe use any other names?
It has previously used the name Instinet UK Ltd.

Sources and links

The full report on Instinet Europe Limited

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