TSX Symbol: CPT August-19-2003
Global American Investments, Inc. Reports Increase in Total Trading Volume
Capital Alliance Group Inc.’s (TSX.V: CPT) subsidiary SE Global Equities Corp. (OTCBB:SEGB), a provider of technology and financial resources for international investors, reports that its subsidiary, Global American Investments, Inc. recorded an increase in total equity and option trades in spite of the economic downturn last year. The total trades from January to July 2003 exceeded the total trades over the same period last year by 56% and an increase of 117% total trading volume comparing July 2003 with July 2002.
Client assets under management by SEG subsidiary, Global American Investment, Inc. at the end of July were US$18,513,189 representing an increase of 76% during the past 12 months. The total number of client accounts grew 25% over the past 12 months increasing the number of total opened accounts to almost 1,700 since the firm’s inception to the end of July 2003.
"We are extremely pleased to see our trade volume and market share consistently grow following the industry-wide slowdown in the first quarter followed by steady recovery in the second quarter," stated Toby Chu, President and CEO of SE Global. "We continue to maximize efficiency, streamline operations and are well positioned to continue to grow both organically and by strategic acquisitions.”
About SE Global Equities Corp
SE Global Equities Corp. (“SEG”) offers a software platform that provides electronic low cost order routing of US securities through a licensed US securities broker-dealer to investors throughout most of the world. GAI provides a wide range of brokerage services.
SEG, through its wholly owned subsidiary SE Global Capital, also provides strategic consulting services to foreign companies. SE Global Capital specializes in assisting foreign companies expand business presence to North America.
SE Global is not a securities dealer in its own right and has not sought such registration. All order routing and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. 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 visit the company’s website www.SEGlobal.com
On Behalf of the Board of Directors of CAPITAL ALLIANCE GROUP INC.
"Toby Chu"
Toby Chu
President and C.E.O |
