IAAC 31.6
International Assets Holding Corporation, through its subsidiaries, provides various financial services to investment banks, commercial banks, brokers, institutional investors, corporations, charities, and governmental organizations worldwide. Its International Equities Market-Making segment acts as a wholesale market maker in select foreign securities, including unlisted American depository receipts and foreign ordinary shares. It also provides execution services and liquidity to national broker-dealers, regional broker-dealers, and institutional investors. The company's International Debt Capital Markets segment trades various international debt instruments, such as investment grade and emerging market bonds that trade on an over-the-counter basis. It also arranges, structures, and distributes international debt transactions, which include bond issues, syndicated loans, and asset-backed securitizations, as well as forms of other negotiable debt instruments for issuers located primarily in emerging markets. International Assets Holding's Foreign Exchange Trading segment trades illiquid currencies of developing countries; executes trades based on the foreign currency flows; and acts as a principal in buying and selling foreign currencies on a spot basis. Its customers include financial institutions, multi-national corporations, and governmental and charitable organizations operating in developing countries. The company's Commodities Trading segment provides a range of trading and hedging capabilities to select producers, consumers, recyclers, and investors in precious metals and certain base metals. Its Asset Management segment manages third party assets and investment gains or losses on the company's investments in registered funds or proprietary accounts managed either by the company's investment managers or by independent investment managers. The company was founded in 1987 and is based in Altamonte Springs, Florida.
Monday May 12, 4:30 pm ET
International Assets Reports $6 Million Earnings for Second Quarter and Six Month EPS of $2.26
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