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| MidasTrade.com,
Inc. (OTCBB: MIDS.PK) |
Overview | Investor
Info
|
| Overview
Midas
Securities LLC is a Direct Access Broker specializing in electronic
trading and brokerage services. Formed in 1999 as a direct
access trading company, Midas Securities is the first company
to provide a direct link between Korean investors and the
U.S. securities market.
Through
Midas' Global Direct Access Network (GDAN), Korean investors
will access U.S. securities quotes and data in real-time from
their computer, obtained directly from a data center in Seoul,
Korea. Midas' GDAN will also facilitate direct execution of
U.S. securities transactions through trader's existing online
trading accounts, with minimal surcharges and commissions.
Midas
Securities LLC is a fully disclosed introducing broker/dealer
to Computer Clearing Services & Co., Inc.,
a clearing firm that specializes in providing clearing services
for institutional and day traders.
Professional
Licenses/ Memberships Midas Securities LLC is a member of:
- The National Association of Securities Dealers (NASD)
- Securities Investors Protection Corp. (SIPC)
- The National Futures Association (NFA)
Midas
Securities LLC is being acquired by MidasTrade.com, Inc.,
a publicly traded company. The parent company has ample assets
to draw from to provide adequate capital requirements for
Midas Securities, the subsidiary company.
The firm
does not anticipate using subordinated debt or secured demand
notes to create and maintain a Global Service Bureau in the
first year of operation.
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in this press release about the company's future expectations,
including: development of licensing and branding and all other
statements in this release, other than historical facts, are
"forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, section 21E of the
Securities Act of 1934, as that term is defined in the Private
Securities Reform Act of 1995. It is important to note that
actual results and ultimate corporate actions could differ materially
from those in such forward looking statements. Such "forward-looking
statements" are subject to risks and uncertainties set
forth from time to time in the Company's SEC reports. This material
is for informational purposes only and should not be construed
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