Every Equity Order You Place Deserves the Sharpest Execution in the Market
We bring decades of buy-side and sell-side expertise to your orders, matching discretion with reach. You focus on strategy – we’ll make sure it hits the market right.

The Obstacles Between Your Investment Ideas and Clean Market Execution
Markets reward precision and punish weakness. If execution leaks value through access gaps, hidden costs, or poor infrastructure, your results never stand a chance.
Fragmented liquidity & hidden access
Liquidity isn’t in one place – it’s scattered across exchanges and dark pools. Without the right reach, you risk partial fills, missed block trades, and higher market impact when orders can’t find the right counterparty at the right time.
High costs eating into alpha
Trading costs go far beyond commissions. Spreads, fees, slippage, and missed opportunities all erode returns. “Cheap execution” on the surface often end up costing more once the hidden drag on performance is measured.
Intent exposed to the market
Large orders quickly reveal your intent. Predatory algorithms adjust prices before you’re filled, shifting prices and cutting into results. Without anonymity, every move can leak strategy, weakening the very edge your fund is built on.
Post-trade friction that costs more than you think
Settlement breaks, EU penalties, or a misallocation across accounts don’t just create admin headaches. They tie up capital, force manual fixes, and can derail trades that should’ve been closed cleanly. Small frictions add up fast.
What You Gain When Execution Is Built Around Your Strategy
Access to markets is only the beginning. Protecting your intent, keeping costs under control, and having experienced traders by your side is what makes execution work in practice. That’s the standard we hold ourselves to.

Connected venues across European and global equity markets give you reach into the liquidity you need – whether on primary exchanges, dark pools, or through trusted partners.
Finding size is one thing. Doing it without showing your hand is another. We source block liquidity while keeping your strategy invisible to the market.
Algorithms and routing designed to reduce slippage and cost, scanning multiple venues in real time to secure better fills with less impact.
We don’t run proprietary books. Your trades never compete with our own positions – your outcomes always come first.
Markets change, but experience counts. Our traders have seen cycles play out and can add context, timing, and judgment to pure execution.
How We Move Your Strategy From Order Placement to Settlement
From the first handshake to post-trade analysis, every stage of our process is designed to protect your strategy, keep costs contained, and preserve your market edge.
Client onboarding & account setup
We assess your strategy, define asset scope, and design a bespoke, multi-asset AMC via a collateralised SPV – aligned with your risk profile, goals, and distribution plan.
Order placement & execution
You can send orders electronically through your OMS or EMS, or speak directly with a sales trader. Algorithms handle VWAP or TWAP, while our desk works larger blocks. Smart routing searches venues for liquidity while keeping your intent discreet.

Trade clearing
Once an order is executed, details are matched with counterparties and central clearinghouses. Our middle office enriches the record with correct settlement instructions and resolves errors early, so your capital isn’t exposed to unnecessary risk.
Settlement
On the agreed settlement date, cash and securities move together under delivery-versus-payment. Custodians receive the securities as cash is exchanged in real time, ensuring a secure and frictionless process. If a fail or partial settlement occurs, established procedures are in place to resolve discrepancies quickly and maintain trade integrity.
Post-trade monitoring & reporting
After settlement, you receive confirmations, transaction cost analysis, and MiFID II reporting. We continue monitoring positions and reconciliations, so nothing is left unchecked – and you can focus fully on your investment decisions.
We Know that Every Industry Demands its Own Precision
Different market participants face different pressures - managing liquidity, capital, risk, or regulation. And each requires derivatives expertise that adapts to their objectives.

Hedge funds
You rely on derivatives to protect against tail events or to take tactical positions quickly. Speed and liquidity matter most, especially across markets and geographies. If you run a mid-sized fund, external infrastructure and strategic input can give you the reach and support usually reserved for much larger players.

Asset managers
As an asset manager, you use derivatives to hedge equity or currency exposure, or to equitize cash when markets move. Compliance under UCITS and similar regimes leaves no room for shortcuts, so transparency and reporting are just as important as execution. When trades run into large notionals, you need scale, clear reporting, and execution you can trust.

Pension funds & insurance companies
If you manage a pension or insurance balance sheet, your trades are fewer but much larger. You use swaps and futures to hedge rates, inflation, or longevity risk. So clearing exemptions, shifting margin rules, and liability-driven overlays make guidance as important as the execution itself.

Corporations & corporate treasuries
Running a corporate treasury means hedging FX, rates, and commodities tied to your business. You want pricing that isn’t locked to a single bank and instruments that are plain, transparent, and low on collateral impact. Above all, you want certainty in how risk is managed day to day.
Execution Built Around Your Priorities
Absolute anonymity
We handle your orders without exposing intent to the market. Predatory algos and leaks can erode strategies, so we keep your flow shielded. Block trades are managed quietly, reducing market impact, whilst keeping your edge intact from start to finish.
Local knowledge, global reach
Our sales traders bring experience from both sides of the market, giving you context you won’t find on a screen. From regional equities to venue quirks across Europe, the UK and beyond, you get global access paired with local knowledge to secure better fills.
Routing that works smarter
Our routing tech scans multiple exchanges and dark pools in real time, giving you access to liquidity others might miss. By working smarter, we reduce slippage and cost while ensuring your orders are filled at the best available prices, not just the visible ones.
Advisory you can rely on
You get more than execution – you get seasoned traders who share proactive ideas and strategies. We guide you on when and how to work orders under different conditions, backed by market intelligence that adds clarity well beyond the trade itself.
The Gap Between Average and Expert Execution Shows Up in Your Returns
Every order is more than a trade – it’s alpha at risk. That’s why we protect anonymity, source liquidity across venues, and add trader judgment where algorithms alone fall short.

Success Stories That Speak for Themselves
Built by Market Professionals, for Market Professionals Like You
Your job is to protect alpha and deliver best execution. Our job is to help you do it. We keep your intent hidden, source liquidity across venues, and share the judgment of traders who’ve been on both sides of the market. That way, your strategy reaches the market intact – and the results stay in your hands.

Let’s Execute Your Equity Strategy With Precision and Discretion
You’ve seen how much value is lost to slippage, leakage, and missed liquidity. It doesn’t have to. Partner with traders who treat every order as if performance depends on it – because it does.

Website Terms of Use
1. Introduction
This document has been prepared by FCS Capital Markets Ltd (“FCS”), with its registered address at 60 Cannon St, London EC4N 6NP, United Kingdom, and email enquiries@fcs-cap.com, for informational purposes only, and for eligible counterparties and professional clients only. (FCS is not authorised to provide services to retail clients). Therefore, it does not constitute, and should not be construed as, an offer to sell or a solicitation of an offer to buy any financial instrument.
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