based in Delaware, USA. It was founded in 1998 as a merger and successor to various individual companies with different tasks.
(As a reminder:) There are several types of exchange trading, including:
Stock exchange: An exchange where securities such as stocks, bonds, and mutual funds are traded.
Specialty Exchange: An exchange where specialized financial instruments such as options and futures are traded.
Commodity Exchange: An exchange where commodities such as gold, silver, and oil are traded.
Futures Exchange: An exchange where contracts are made to buy or sell commodities or financial instruments at a specific point in time in the future.
Currency Exchange: An exchange where currencies are traded. Digitization made it possible (and even necessary) to be able to monitor and influence all markets in the world and their mutual influence from a central location. For this reason, we have combined all business areas to avoid wastage.
The New York Stock Exchange (NYSE) is the world's most important floor trading exchange, where floor trading still takes place, albeit on a reduced scale.
The Chicago Board of Trade (CBOT) is the oldest futures exchange in the world and was founded in 1848. Trading takes place both electronically and traditionally on the floor.
The closer you get (even physically) to these largest exchanges in the world, the more successful the trade turns out to be:
Light also travels "only" 7 1/2 times around the earth in one second, namely at almost 300,000 km/s. During this time, a dollar z. Currently approx. 1.8 million times the owner; Theoretically, you have to be no more than 166m away from the central computer of the NYSE or CBOT in order to be able to intervene in trading in good time. Modern computers even cope with this task under hardware control, i. i.e. they trade without any software on top, which would further slow down the trading result. In order to be able to stay "on the ball" a different strategy is used; but more about that elsewhere.
So hopeless if you think you can be part of what's happening in "real time" with your smartphone. This is one of the reasons why we chose Delaware (also to be able to use tax advantages). Different rules apply here than in the other 49 states of the USA. Above all: extremely friendly laws create an investment-friendly climate.
(More under → Tax h(e)avens )
We'll let that cost us a lot. We don't just wait for others to put the latest news on our desks, but try to research with our own correspondents, on site and "in time".
Because the most important (and crucial) tool we have is information. Only through them do we have the invaluable advantage of being able to act faster than other competitors. While they are still wondering how we managed (again) to pull the rabbit out of the top hat, the associated position, already cast in numbers, is visible on their bank statement.
Everything runs within the legal framework, which should be particularly emphasized at this point. We do not use obscure sources, nor do we try to get (prohibited) "insider" information. Our sources - informants - are available to everyone; you just have to find them. And in time.
We then do not pass on the "news" received in this way to the "Wall Street Journal", but use them in our trading department.
To their favor. It's as simple as that. You already know "what's coming" before it's in the newspaper.
That is why our company motto is rightly so:
"Get the news
before the
news"
Because we're not a brokerage; but "afford" our own (and third-party) brokers, i. H. occupy. This is how we can fulfill our task, always, i. H. to find the best offer for you at any time and to place the order accordingly. This is the only way we can ensure that you can rely on reaching your desired positions on time, even in turbulent times. So we don't know any of the dreaded "limit up" or "limit down". That's something you can rely on. For almost 40 years now.
If necessary, we buy/sell the values directly from the issuers and not necessarily on the stock exchange. We can (and are allowed to) do that because we are a conglomerate holding company. This is the all-important advantage. A pound that we grow with.
We don't want to hide our light "under a bushel", but we are (rightly) proud of our → Services.