Organization of the international securities brokerage network

First off the hierarchy is the investor indicator. He is a participant who only provides an address, a contact or an introduction to an investment source without entering into the negotiation or the conclusion of a subscription or a transaction. The hierarchy of participants in the international securities brokerage network is geographical due to national securities regulations, is composed of the following ranks, from bottom to top:

The Broker

The broker is an intermediary between investors and an issuer of securities. In the international securities network, he is part of a team under the

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