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Silvia Quandt & Cie. AG & Scarsdale Equities LLC enter into a strategic agreement to serve US institutional clients
Silvia Quandt & Cie. AG focuses on German stock market listed companies - mainly DAX, MDAX, SDAX & TecDAX companies -, provides in-depth research on more than 180 names, and executes stock market transactions for its institutional clients in German and European equities. Furthermore Silvia Quandt & Cie. AG is the partner of choice for many German corporates in regard to IPOs and secondary offerings.
Scarsdale Equities LLC is an institutional FINRA member broker/dealer and SIPC member located in New York City, U.S.A., with offices at 10 Rockefeller Plaza in midtown Manhattan. The firm's main services are: institutional equity brokerage, discretionary account management, investment banking, and third party marketing services for money managers.
Scarsdale Equities LLC will provide the regulatory framework such that Silvia Quandt & Cie. AG may engage in securities activities in the United States in reliance on an exemption from broker-dealer registration under the U.S. Securities Exchange Act of 1934 as provided in Rule 15a-6.
Furthermore, both US Clients as well as existing European clients of Silvia Quandt & Cie. AG now also have access to Scarsdale's institutional brokerage service in US stocks.
Johann Ostermair, Managing Director of Silvia Quandt & Cie. AG, comments: "In the last years interest in German stocks has dramatically shifted from onshore Germany to London and New York. We already serve many institutional investors in London via our UK-regulated London office. From start, we now could attract a large number of US institutions, mainly hedgefunds and family offices, with a considerable appetite for German stocks. Our German corporate clients will profit from this access to a very interesting group of potential shareholders."
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