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SE
Global Equities Inc., a subsidiary of Capital
Alliance Group Inc. (CDNX: CPT), today announced
the addition of two more brokerage firms to
its global network of brokers. Representing
the Tokyo and Italian Stock Exchanges, these
new alliance brokers further strengthen SE Global’s
presence in Asia and represent a significant
milestone in the company’s strategy to
expand its network into Europe. With this announcement,
SE Global has now broadened its reach into 22
stock exchanges in 20 countries spanning several
continents. The two newest brokerage houses
to have signed formal marketing agreements with
SE Global are:
IMIWeb,
which will cover the Italian Stock Exchange
in Milan. IMIWeb is part of the San Paolo IMI
Group - one of Italy’s largest banking
groups. Since its launch in 1999, IMIWeb has
achieved the highest ranking in European Investor’s
BlueSky ratings for online brokerage services
in Italy. These ratings were based on both its
overall site quality and the comprehensiveness
of the products and services offered.
Currently
IMIWeb has links with seven principal European
Markets, NASDAQ, NYSE, and Japan. The firm has
established itself as one of the premier European
online brokers. To a large extent, this recognition
has been earned through the ingenuity the company
has shown by launching a number of innovative
services for its clients. Some of these services
include Wireless Application Protocol (WAP),
handheld access and full online subscription
access to Mutual Funds. IMIWeb clients can also
take advantage of other enhanced features such
as stock filtering tools (Reuters, Il Sole 24
Ore, Teledata charts and Java Trader), sector
market analysis, stock search engines, free
real time quotes, IPO access, and stock watch
lists. IMIWeb also offers access to online bank
accounts as well as an education center, which
provides courses in technical analysis, financial
analysis, and information regarding the stock
exchange.
Aizawa
Securities Co., Ltd., which will cover the Tokyo
Stock Exchange as well as other secondary exchanges
in Japan. Mr. Yahachi Aizawa established Aizawa
Securities Co., Ltd in 1918. After 82 years
of operation, the company now consists of a
network of 500 employees working out of 26 branch
offices. At the end of March 2000, Aizawa Securities’
paid-in capital was 3,202 million Japanese Yen
(US$ 29 million) and has achieved an operating
profit of 8,768 million Yen (US$ 82.6 million).
Aizawa Securities began offering online trading
in October 1999 and is now one of the leading
online brokerage firms in the country.
“In
the latter part of 2000, we focused a considerable
amount of our efforts towards establishing relationships
with firms in economically advanced countries,”
said Michael Teryazos, Senior Vice President,
Business Development (European & Latin American
Operations). “The signing of these two
firms from Japan and Italy is very encouraging.
In addition to our early success with firms
located in emerging markets, we are now making
great strides with firms who deal on the world’s
higher profile exchanges. This is truly an exciting
time for SE Global as we continue to develop
worldwide representation and enhance services
to our members.”
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