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| OUR MEMBERSITES | |
The
term offshore refers to a practice whereby some or all of an investor’s
financial activities and transactions are done in a jurisdiction other
than the country the investor lives. MORE >>
GISBeX
gives a public company exposure to investors and investment capital from
all over the world and not just in the country of their primary listing.
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The GISBeX Board of Governors monitors each individual transaction at the time of execution, then again on the day following the transaction; and again on T+3 settlement date to insure that each transaction is at a fair market price, the transaction involves a fair and reasonable commission, the security/bond is in good delivery, and that there are no filed complaints on the transaction.
GISBeX Clearing Corp holds all cash and securities on behalf of member firms and their customers in omnibus brokerage accounts in North America, each account with SIPC insurance to $500,000 in losses. Certain excess funds and customer funds in transit will be held in foreign bank accounts such as Panama (in most cases), and only well known, stable, strongly capitalized banks are used for these custodian funds.