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suda
Jul 12, 2022
In General Discussions
Exante Broker Review Stocks and ETFs from the broker Exante. The number of tools is impressive. Each specific exchange has its own conditions, they can be considered in the corresponding table. We will give only a part, because it is simply limitless. The main volume of transactions goes to the US and Chinese markets. In fact, the owner of the assets is the account holder. However, the assets are nominally recorded on Exante. As explained in the support, this is the standard of the brokerage business and a typical asset allocation structure in the "Street name" format. A similar approach is present at all retail brokers, including Saxo Bank, Interactive Brokers, Score Priority, KIT Finance, Charles Schwab, as well as many brokers from the CIS. This does not create additional risks, and regulators and auditors are aware of this structure. Reviews on stock market broker EXANTE https://62039390d61a3.site123.me/ Why is this being done? Suppose a client purchases shares of a company, the broker draws up all the papers for him. A record of the new owner appears in the depository. When an investor sells these securities, it is necessary to perform the opposite action: find specific securities by numbers and issue their return to the issuer. This creates an additional front of work for the broker. In addition, if the turnover is carried out according to the client's registration scheme, the payment time will significantly increase, since the broker will be able to transfer the payment for the sale only when the issuer receives its securities back and confirms this receipt with a separate payment and statement. In order to simplify the work with securities certificates and the speed of financial turnover, such a mechanism was developed. For the client, this means both advantages (simplification of actions with trading assets and finances) so are the disadvantages (the client's name is not specified in the protocol and registry, the client cannot use stock certificates as collateral for a loan or most types of credit). At the moment, 23726 products are available on Exante across all countries and exchanges.
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