This marks a positive development for the company as it testifies to its robust financial standing and its potential for future growth.
Limassol, Cyprus (PRWEB UK) 17 May 2013
CySEC licensed (#077/06) MeritKapital wishes to announce its license extension to ‘Dealing on Own Account’. Through this additional license, MeritKapital has extended its investment service offering as depicted in the Law 144(I)/2007 further from execution, reception and transmission, investment advice, and portfolio management. Its ancillary services include custody, investment research and advice on capital structures.
This marks a positive development for the company as it testifies to its robust financial standing and its potential for future growth. ‘Dealing on Own Account’ will enable proprietary trading to capitalize on specific trading strategies and market opportunities, hedging away interest rate and FX risk, acting as a counterparty for back to back fixed income trades and will facilitate other structured product trading of the company.
MeritKapital is regulated by CySEC for the provision of custody, brokerage, investment advisory and portfolio management services. It is affiliated (by common shareholdership) with Meritservus, a leading fiduciary, tax structuring & advisory, accounting and corporate service provider in Limassol, Cyprus.
We shall keep you updated with further such positive company developments. Please contact us with any comments or queries info(at)meritkapital(dot)com.