Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, Bijal Shah, Truptesh Patel and Mitesh Shah were each handed the charges at Snowhill police station in relation to £2.5m worth of profits they are accused of obtaining through insider trading.
Two of those charged are thought to be former printing room employees at UBS and JP Morgan Cazenove.
The FSA said the group conspired together and with others to deal on a raft of big name companies, including Morgan Crucible, Laidlaw, Reuters, Premier Oil and Abbott Group –?all linked to takeover deals in recent years.
Mitesh Shah was charged with an additional count of money-laundering.
The charges follow a two-year investigation by the FSA which included the examination of 75 electronic devices containing over 200,000 files.
The group of seven were all bailed to appear before Westminster Magistrate’s Court on 14 April.