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Mako Financial Markets Partnership LLP has officially applied for dissolution from the UK corporate register, approximately 18 months after receiving a £1.66 million fine from the Financial Conduct Authority (FCA). Official filings show that the firm initiated the strike-off process in August, following a Gazette notice that opened an objection window prior to final closure.
The wind-down of the partnership's principal cash-equities trading was initiated in early 2025, according to its latest financial accounts. Despite a narrowing annual loss and increased net trading income in 2024, the entity was prepared on a non-going concern basis. The broader Mako group will continue its primary operations, including derivatives options market making, via separate legal entities like Mako Global Derivatives Partnership LLP.
This regulatory outcome highlights the long-term impact of FCA enforcement actions on financial market participants. The closure reflects an ongoing restructuring trend among institutional brokerages facing heightened compliance burdens and historical enforcement liabilities in the UK market.
