Institution record
The
The First Interstellar Capital Limited
- Source score
- —
- Warnings
- 0
- Comments
- 0
Licence records
Licences within our coverage (futures, options and derivatives providers) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
ASICTier-1 In our coverage Australian Securities and Investments Commission | 001312025 | Regulated | INTERSTELLAR GROUP CAPITAL PTY LTD | 2024-10-18 | |
CYSECTier-2 In our coverage Cyprus Securities and Exchange Commission | 166/12 | Regulated | The First Interstellar Capital Limited | 2012-03-21 | |
FSAOffshore In our coverage Financial Services Authority Seychelles | SD127 | Offshore | First Interstellar Global Ltd | — |
Peer regulatory & risk comparison
Side-by-side supervisory and risk benchmark comparing The against peer institutions in our futures, options and derivatives providers dataset.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Warnings |
|---|---|---|---|---|---|
| The (this record) | ASICCYSECFSA | 2 / 3 | Risk level not supplied | — | 0 |
| Saxo | FCAFINMAMAS+5 | 8 / 8 | Risk level not supplied | — | 0 |
| OANDA | IIROCNFAASIC+3 | 6 / 6 | Risk level not supplied | — | 0 |
| Plus500 | CYSECFSAASIC+3 | 6 / 6 | Risk level not supplied | — | 0 |
| OKX | FSAMASSEC+6 | 9 / 9 | Risk level not supplied | — | 1 |
| Swissquote | FINMAMASFCA+3 | 5 / 6 | Risk level not supplied | — | 0 |
The: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is The's regulatory licence status and supervisory authorisation?
In our imported dataset, The (legal entity reference: The First Interstellar Capital Limited) holds 3 recorded licence entries, of which 2 carry a "regulated" status and 2 are marked regulated or registered: ASIC (Australian Securities and Investments Commission) — licence 001312025, status: regulated, Tier-1; CYSEC (Cyprus Securities and Exchange Commission) — licence 166/12, status: regulated, Tier-2; FSA (Financial Services Authority Seychelles) — licence SD127, status: offshore, Offshore. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official ASIC, CYSEC, FSA public register.
Which of The's jurisdictions and licences fall within this site's regulatory coverage?
This directory focuses on futures, options and derivatives providers. 3 of The's 3 licence records fall directly within this jurisdictional mandate: ASIC (licence 001312025, regulated, entity: INTERSTELLAR GROUP CAPITAL PTY LTD); CYSEC (licence 166/12, regulated, entity: The First Interstellar Capital Limited); FSA (licence SD127, offshore, entity: First Interstellar Global Ltd). Always confirm whether client money segregation and statutory investor compensation schemes apply to the specific subsidiary onboarding your account.
What is The's institutional risk classification, enforcement exposure, and score profile?
The carries a "risk level not supplied" classification in the source dataset (composite numeric scores are not supplied for this record). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to The's platforms, entity structure, and complaints?
Before allocating capital or executing trades with The, institutional and retail allocators should: (1) confirm the domain (not supplied in source) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to ASIC.
Related institutional research & regulatory analysis
Editorial briefings and compliance research from VolSurface Desk relevant to The's supervisory scope.
Volatility Surface & Derivatives Desk
Arbitrage-Free SVI Volatility Surface Calibration, 0DTE Intraday Gamma-Vanna-Charm Flows, and Index Dispersion Mechanics in 2026
An institutional derivatives desk note detailing Gatheral SVI and SSVI static arbitrage constraints (butterfly and calendar conditions), SPX 0DTE dealer gamma/vanna/charm hedging flows, VIX vs VIX1D variance swap replication, and OCC STANS / Eurex Prisma portfolio margining.
Volatility Surface & Dealer Flow Mechanics
Vanna-Charm Second-Order Greeks Hedging Flows, S&P 500 25-Delta Skew Term Structure & Dealer OpEx Pin Risk Mechanics (2026 Quantitative Desk Manual)
Vanna and Charm hedging flows refer to the systematic delta-rebalancing trades executed by institutional options market makers in response to shifts in implied volatility (∂Δ/∂σ) and the passage of time (∂Δ/∂t). Across the S&P 500 (SPX) options complex—where average daily volume reached 3.34 million contracts [3.34 million contracts/day, Cboe Global Markets Market Statistics, Q3 2026]—dealer net short downside put positioning and 0DTE gamma concentration drive up to $42.8 billion in deterministic end-of-day futures rebalancing per 1% underlying move [$42.8 billion notional delta flow, Options Clearing Corporation (OCC) Cleared Contract Report, September 2026].
Second-Order Greeks & Hedging
OCC STANS 20-Minute Intraday Risk Snapshots & 0DTE Margin Add-On: Dealer Delta/Gamma Hedging Equations & E-Mini S&P 500 Futures Impact (20 min Intraday Monte Carlo Interval Benchmark)
OCC STANS 20-Minute Intraday Risk Snapshots & 0DTE Margin Add-On (OCC-STANS-MARGIN) stands at 20 min (Intraday Monte Carlo Interval) (Source: The Options Clearing Corporation, 2026-10-20), governing intraday futures reba
OCC Margin & Dispersion Desk
OCC STANS 20-Minute Intraday Risk Snapshots & 0DTE Margin Add-On: Partial Derivative Formulas, Scaling Units & Tenor Surface Grid (20 min Intraday Monte Carlo Interval Benchmark)
OCC STANS 20-Minute Intraday Risk Snapshots & 0DTE Margin Add-On (OCC-STANS-MARGIN) stands at 20 min (Intraday Monte Carlo Interval) (Source: The Options Clearing Corporation, 2026-10-20), governing exact Black-Scholes-M