United Kingdom · Payments & e-money
Velocity Trade International Limited
Velocity Trade International Limited is a private limited company incorporated in England in February 2009, with its office in the City of London. The Financial Conduct Authority (FCA) has authorised it as an investment firm since January 2010 under reference 497263. The FCA has also registered it as a small payment institution since October 2018. It is the UK subsidiary of Velocity Trade Holdings Ltd. of Canada. According to Wedbush, Wedbush Financial Services became the largest shareholder of the Velocity Trade group in September 2023. The group describes itself as a global capital markets firm offering foreign exchange, precious metals and multi-asset execution to institutions and corporations.
Licences and registrations
Held by Velocity Trade International Limited (LEI 549300T167XWWKCEDP79). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Small Payment InstitutionPayment Institution | 497263 | United Kingdom | Active | 2018-10-30 | — |
|
Search the register ↗ |
| HMRC MLR Supervised Business RegisterHMRCLinked by LEI. Matched by Elucidate on the UK company number the register gives. | Money Service BusinessMoney Transmitter / Remittance | XNML00000139297 | United Kingdom | EXPIRED | 2019-04-29 | Ended |
|
Search the register ↗ |
Trading names on the register: VT (FCA-PSD, HMRC-MLR), Velocity Trade (FCA-PSD, HMRC-MLR)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- VTILGB2LXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under VTILGB2L directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- VTILGB21
- BIC first registered
- 2024-04-10
- Last updated
- 2024-06-01
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Velocity Trade Holdings Ltd.
Firm type
Investment or brokerage
Trades as Velocity Trade
- Ownership
- Velocity Trade Holdings Ltd. of Canada is the direct and ultimate accounting parent, and Wedbush Financial Services has been the largest shareholder of the Velocity Trade group since September 2023.
- Direct parent
- Velocity Trade Holdings Ltd. ↗, Canada
- Head office
- Second Floor, Queen's House, 8-9 Queen Street, Cheapside, EC4N 1SP London, United Kingdom (registered office: 1st Floor, Nicholas House, 3 Laurence Pountney Hill, London, England, EC4R 0EU)
- Company register
- Companies House 06813279
- Incorporated
- 9 Feb 2009
Online
- Websites & references
- velocitytrade.com ↗
- Official social accounts
- None found
- App
- App Store ↗
Sources · 11 pages consulted
- register.fca.org.uk/s/firm?id=001b000000NMNXLAA5
- find-and-update.company-information.service.gov.uk/company/06813279
- velocitytrade.com/
- velocitytrade.com/company/regulation/
- velocitytrade.com/contact/
- velocitytrade.com/regulatory-disclosures/
- velocitytrade.com/products-and-services/global-execution/deliverable-fx/
- velocitytrade.com/news/announcements/wedbush-financial-services-completes-investment-in-velocity-trade/
- wedbush.com/wedbush-financial-services-completes-investment-in-velocity-trade-with-successful-complet
- businesswire.com/news/home/20221011006230/en/Wedbush-Financial-Services-Acquires-Significant-Stake-in-Velo
- velocitytrade.com/news/announcements/velocity-trade-international-announces-acceptance-as-a-full-member-of-
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA has authorised the firm as an investment firm (reference 497263) since 4 January 2010. The FCA has also registered it as a small payment institution for payment services since 30 October 2018.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised firm | 497263 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Small Payment Institution | 497263 | In its own name | Active | register.fca.org.uk ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Products and markets
Researched 29 Sep 2026 · Sources
The group offers institutional clients deliverable foreign exchange (spot, forwards, swaps, NDFs and options), physical precious metals, equities, futures and other exchange-traded instruments. The London entity is a Full Member of the London Bullion Market Association.
The firm serves institutional and corporate clients from London under its FCA authorisation. Other Velocity Trade group companies cover Canada, the Netherlands, South Africa, Australia, New Zealand, Singapore and Dubai.
- Sells to
- Financial institutions · Enterprises
- Serves customers in
- United Kingdom
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Wedbush Financial Services completed its investment in the Velocity Trade group after regulatory approval and became its largest shareholder.
wedbush.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- VTILGB2LXXX
- How the BIC breaks down
- VTILBank
- GBCountry · United Kingdom
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300T167XWWKCEDP79
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 497263
- Licence no. · HMRC-MLR
- XNML00000139297
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- 521a182e68ba
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Small-firm registrationRegistered under a lighter regime for small or exempt firms, e.g. a small payment institution or an account-information service provider.
- Register licences
- 2 entries on 2 registers
- Activities
- Payment services
- Money remittance
- Currency exchange
- Licensed in
- United Kingdom
- Website (register)
- www.velocitytrade.com ↗
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Velocity Trade Holdings Ltd. · Canada549300Q2GF2EWM46D368 ↗
The Velocity Trade Holdings Ltd. group has 5 institutions in the directory, in 3 countries: all hold a BIC.
Including Velocity Foreign Exchange Services, Velocity Trade Capital, Vtc Europe B.V..
See the Velocity Trade Holdings Ltd. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- NICHOLAS HOUSE FLOOR 1 3 LAURENCE POUNTNEY HILL LONDON EC4R 0EU UNITED KINGDOM
- Operational address
- QUEENS HOUSE FLOOR 2 8-9 QUEEN STREET LONDON LONDON EC4N 1SP UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>VTILGB2LXXX</BICFI>
<LEI>549300T167XWWKCEDP79</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>VTILGB2LXXX</BICFI>
<LEI>549300T167XWWKCEDP79</LEI>
<Nm>VELOCITY TRADE INTERNATIONAL LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>NICHOLAS HOUSE FLOOR 1 3 LAURENCE POUNTNEY HILL LONDON EC4R 0EU</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- HMRC MLR Supervised Business Register—HM Revenue & Customs (HMRC) · register ↗ as at 24 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: velocitytrade.com (official website) · original.
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