Future Technologies Inc. subsidiary, SE Global Equities Inc., adds
Russia to its Global Network
Expands Reach into Eastern Europe OTCBB: FTUT
HOPKINS, MN, Apr 17, 2001 /PRNewswire via COMTEX/ -- Future Technologies, Inc.
(OTCBB:FTUT) subsidiary SE Global Equities Inc., a provider of technology and
financial resources for international investors, announces that Aton Capital
Group, Russia's largest independent broker in terms of capital, has joined SE
Global's growing Alliance Broker network. With the addition of Aton Capital
Group, SE Global has broadened its reach into 24 stock exchanges in 22 countries
spanning five continents.
Established in 1991, Aton Capital is a co-founder of the industry's first
professional association, the RTS (Russian Trading System) Stock Exchange, as
well as the Moscow Stock Exchange and was the first to offer brokerage accounts
to domestic retail clients. Aton Capital was also one of the initial equity
traders at MICEX (Moscow Interbank Currency Exchange). In addition, Aton Capital
was among the first securities firms in Russia to introduce an online trading
platform and has been ranked among the top three most active brokers in Russia's
equity market as measured by RTS volume. The National Association of Stock
Market Participants in Russia has also recently ranked Aton Capital in the "Most
Reliable" category (A++) for brokerage firms. In 1996, Aton Capital established
a joint venture relationship with the Franklin Templeton Group, one of the
world's leading financial organizations.
Aton Capital has over 250 employees in offices throughout Russia as well as in
New York and in Nicosia, Cyprus. With yearly turnover in the Russian stock
market exceeding $3.7 billion and equity capital exceeding $65.2 million, Aton
Capital is one of the leading brokerage firms in Russia.
"Our expansion into the Russian broker community expands our reach into Eastern
Europe and brings us closer to our goal of creating a truly global financial
community," said Michael Teryazos, SE Global Senior Vice-President of Business
Development.
About SE Global Equities Inc.
SE Global is a provider of technology and financial resources for international
investors. SE Global provides direct access trading software and market data
through a formal licensing and worldwide distribution agreement with Direct
Access Financial Corporation. Through an agreement with Trade Direct USA Inc.,
SE Global Trade(TM) users are provided with trade execution and support services
through Allen Douglas Direct Inc. and clearing services from Penson Financial
Services Inc.
Through SE Global's international financial website at www.SEGlobal.com, SE
Global members are provided with access to its global alliance network of 25
independent brokerage firms covering 24 stock exchanges spanning five
continents. SE Global is not a securities dealer in its own right and has not
sought such registration. All trade execution and support services are provided
by the individual alliance broker in compliance with local regulatory
requirements. Not all securities, products or services described are available
in all countries, and nothing herein is an offer or solicitation of securities
products and services in any jurisdiction where their offer or sale is not
qualified or exempt from registration.
For more information on SE Global visit its websites at www.SEGlobalTrade.com
and www.SEGlobal.com.
On Behalf of the Board of Directors
of FUTURE TECHNOLOGIES, INC.
"TOBY CHU"
----------
Toby Chu
President & C.E.O.
SOURCE Future Technologies, Inc.
CONTACT: Investor Relations Contact: Mr. Quentin Mai, N.
America Toll Free: 1-888-865-0901 Ext.312, Email: investor@SEGlobal.com
(FTUT)
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(C) 2001 PR Newswire. All rights reserved.
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KEYWORD: Minnesota
INDUSTRY KEYWORD: FIN
MLM
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STOCK SYMBOLS: [(ftut)] |
