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341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

BNY Markets (iFlow) — institutional liquidity provider

This document is for informational purposes and does not constitute legal advice.

The Bank of New York Mellon Corporation ('BNY'); UK entity: BNY Mellon Investment Management EMEA Limited · New York, USA

evidence score
81/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
FCA119196United KingdomT1open source
SEC/FINRA (broker-dealer)8-13801United StatesT1open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Unverified trading venues

    No venues for trading are published by BNY Markets.

    Source: Internal review

  2. R02

    Incomplete entity mapping

    The FX/Global Markets contracting entity per region may differ.

    Source: FCA bulk extract

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • 'A comprehensive suite of FX solutions for trading, hedging and payment needs' (bny.com FX page)
  • Core FX offerings: electronic trading, voice trading, segregated execution (algos and benchmarks), trading currencies 24/5 (bny.com FX page)
  • FX Payments offers corporations, banks and other financial institutions cross-border FX payments and Nostro deposits (bny.com FX page)
  • iFlow Insights: 'unique access to unrivaled global securities execution flows' (bny.com FX page)

Claims we cannot verify from outside

  • 'Unrivaled global securities execution flows' — self-measured marketing
  • 'Trades in over 100 currency markets' appears in an old PRNewswire release (c.2010s iFlow enhancements) — dated, treated as unverifiable

Perimeter and coverage

Asset classes
FX spot, FX hedging (share class / portfolio), FX payments, Nostro deposits
Venues
Connectivity
Electronic trading, Voice trading
Clients accepted
Corporations, Banks, Other financial institutions
Explicitly refused
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.