11.10.2015

Marco Polo’s Chaperone Services Provides Non-US Brokers Access to US Buy-sides 

11.10.2015

New York, NY – November 10, 2015 – Marco Polo Securities, a wholly-owned subsidiary of Marco Polo New World, announces a partnership with UniCap Securities. Headquartered in Dhaka, Bangladesh, UniCap Securities is a subsidiary of Union Capital Ltd which is one of the largest non-bank financial institutions of the country. UniCap Securities is a market leader in capital markets, and the group which includes an investment banking arm, has deep expertise in asset management, SME finance, and corporate finance. Through Marco Polo, a pioneer in frontier and emerging markets since 2000, UniCap will provide unique research and execution services to US institutional investors. This arrangement will also broaden the scope of investment options outside of the US for Marco Polo’s broker network.

“We’ve chosen Marco Polo because of its knowledge of the developing chaperone space and the team’s experience with SEC Rule 15a-6, which establishes the requirements for chaperoning. Additionally, Marco Polo’s services provide us with the availability and flexibility of using our own UniCap brand to speak, trade, and settle directly with the US buy-side. It’s an ideal partnership for non-US brokers looking to access US buy sides,” added Wali Ul Islam, CEO at Unicap Securities.

This union represents a significant milestone in Marco Polo’s effort to bring the highest quality research to the US institutional marketplace. “We are continuing to add outstanding research and execution brokers to our stable of global brokers. UniCap typifies the quality of our broker network and enables Marco Polo Securities to expand our research offering into Bangladesh. This continued expansion benefits our buy-side, HFT, and sell-side clients, as well as our partners like UniCap,” added Paul Karrlsson-Willis, President at Marco Polo Securities.

By joining the Marco Polo network, UniCap will increase visibility and business in the US. Alliances such as these have an added advantage of providing multiple opportunities and information-access under one roof, making them convenient and cost effective. Marco Polo also has exclusive partnerships with China, India, Turkey, and Sri Lanka.

About Marco Polo New World

Marco Polo New World (www.MarcoPoloNewWorld.com) provides global brokers, high frequency trading firms, and other financial institutions with a host of services enabling our clients to trade multi asset classes throughout the world via a single network connection. Currently providing connections to over 80 countries across the globe, this unique trading platform provides our clients with access to the largest international network of broker dealers and asset managers in the world. Clients benefit from neutrality and flexibility, backed by an experienced and knowledgeable service team at work around-the-clock to ensure the highest level of service and support at any time and in any market.

 

About UniCap Securities Ltd

UniCap Securities (UCSL) (www.unicap-securities.com), one of the pioneers in Capital Market, was established in October 9, 1995. UCSL has been carrying the legacy from Peregrine Capital Limited, a boutique equity firm which rooted from Hong Kong. However, in 1998 it was taken over from Peregrine Capital and started working independently under the ownership and management of some prominent Bangladeshi entrepreneurs and corporate house. UCSL is a TREC Holder in both Dhaka Stock Exchange and Chittagong Stock Exchange. UCSL has consistently maintained its position in the top 10 local broker list in terms of volume. The firm’s strong foothold in the local block market along with a strong sales and Institutional trading desk make it an idle partner with which most international funds would like to trade.

Related articles