Professional Financial
Activity
The
Company has full power and authority to carry out any object not prohibited by
the Companies Law (2004 revision) or any other law of the Cayman Islands. The
principal objective of the Company is to make proprietary trading transactions. However, the Company holds
a license granted by CIMA for brokerage business.
The Company acts as Investment Company, amongst others by trading for proprietary account through making transactions on FX, OTD and Exchange Traded Derivatives on regulated exchanges.
The Company mostly trades blue chips and ADRs on a DVP or free delivery bases. Company’s major counterparties are well known financial groups and brokers.
The
Company considers and participated in long term investment projects subject to
market conditions.
The only shareholder
of the Company is April Group which provides various trading and investments
activities in various jurisdictions. The core business of the group consists of
assets management, brokerage, trading on own accounts, private equity investments
and financial consultancy services.