TFS Derivatives Limited

Reference number: 197244

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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, 1 thing worth a closer look

  • When tradition.com first appeared online, and whether it can receive email
  • What kind of line 020 7198 1500 is, and the 4 other firms that give it
  • Whether EC2N 4AY is a shared office: 29 other firms give it
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Other names (10)

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

  • Carax Trading name
  • DeepWell Liquidity Management Trading name
  • Nexus Broking Trading name
  • TFSEDGE Trading name
  • TFS Structured Products Trading name
  • DeepWell Former trading name
  • DeepWell Liquidity Former trading name
  • Finacor Former trading name
  • Tradition Derivatives Former trading name
  • Volatis Former trading name

FCA permissions and consumer protection

  • 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 (6 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Dealing in investments as agent
  • Dealing in investments as principal
  • Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

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
04051930
Company status
Active
Company type
Private limited company
Incorporated
14 August 2000 (26 years old)
Registered office
110 Bishopsgate, London, EC2N 4AY, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
William Pierre Francois Norbert Wostyn Director Dec 1973 13 Aug 2008 11 other companies
Francois Brisebois Director Jan 1974 21 Aug 2008 9 other companies
Christian Marcel Michel Baillet Director Jul 1950 17 Apr 2013 8 other companies
Javid Soli Canteenwala Director Aug 1970 15 Mar 2022 17 other companies
Thierry Jean Philippe Sciard Director Apr 1956 5 Dec 2023 13 other companies
Mark Timothy Fennell Director Feb 1962 15 Dec 2023 1 other company
Iain Alexander Cummings Director Oct 1961 12 Jul 2024 5 other companies
Christophe Jean Hemon Director Jun 1961 4 Sep 2024 5 other companies
Robert Anthony Kitchin Director Jul 1971 11 Jun 2025 5 other companies
Damian Mark Bisseker Secretary Not published 26 Mar 2025 –

Other companies run by these 9 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
32
closed down
4
went insolvent
1

In the full report: all 32 companies, named

  • What each company does, and whether it is still trading
  • Which of these 9 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 10 on the FCA register
  • The 10 companies these 9 directors run together
  • All 36 people who have ever been directors, with their dates
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Key dates in its history

TFS Derivatives’s history from the FCA register and Companies House, newest first.

Key events (10) All events (93)

2019

31 December 2019

  • Tradition Financial Services Ltd gave up control
  • Tradition UK Holdings Ltd took control (75–100% of shares)

Companies House

2016

1 July 2016

  • Compagnie Financial Tradition SA gave up control
  • Compagnie Financial Tradition SA took control (75–100% of shares)
  • Tradition Financial Services Ltd took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2001

1 December 2001

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

FCA register

22 October 2001

  • Regulated by the Securities and Futures Authority from this date

FCA register

2000

14 August 2000

  • Incorporated at Companies House

Companies House

In the full report: all 93 events

  • All 93 events in its history (10 shown here)
  • Every director appointment and resignation: 65
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Firms connected to TFS Derivatives

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

connected firms
4
share a director
3
share its phone number
4

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (3), the same phone number (4), the same postcode (3)
  • Who links each one: the named directors, with dates
  • 7 past links through former directors
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Firms like TFS Derivatives

Other firms of the same type (financial adviser), nearest first.

In London

Ernst & Young LLPLondonAuthorisedDemica Finance LimitedLondonAuthorisedBradesco Securities UK LimitedLondonAuthorisedAon Securities LimitedLondonAuthorisedJones Lang Lasalle Corporate Finance LimitedLondonAuthorisedQuantile Technologies LimitedLondonAuthorised

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 TFS Derivatives

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

  • 32 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 93 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is TFS Derivatives Limited FCA authorised?
Yes, TFS Derivatives Limited (FRN 197244) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is TFS Derivatives’ phone number and website?
The FCA register lists the phone number 020 7198 1500 and the website tradition.com for TFS Derivatives. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by 4 other FCA firms.
Is TFS Derivatives a scam or clone?
TFS Derivatives 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 TFS Derivatives?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about TFS Derivatives to the Financial Ombudsman Service, free of charge.
Who owns TFS Derivatives?
TFS Derivatives is owned by Tradition UK Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 31 December 2019. Before that, it was controlled by Tradition Financial Services Ltd and Compagnie Financial Tradition SA.
Who runs TFS Derivatives?
Companies House lists 9 directors of TFS Derivatives: William Pierre Francois Norbert Wostyn, Francois Brisebois, Christian Marcel Michel Baillet, Javid Soli Canteenwala, Thierry Jean Philippe Sciard, Mark Timothy Fennell and 3 more.
How long has TFS Derivatives been in business?
The company was formed on 14 August 2000, and has held its current FCA authorisation since December 2001.
Does TFS Derivatives use any other names?
It trades as Carax, DeepWell Liquidity Management, Nexus Broking, TFSEDGE and TFS Structured Products. It has previously used 5 other names, including DeepWell, DeepWell Liquidity and Finacor.

Sources and links

The full report on TFS Derivatives Limited

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