The Industrial and Commercial Bank of China Financial Services LLC "ICBCFS" is a registered broker dealer with the Securities and Exchange Commission ("SEC") and a member of Financial Industry Regulatory Authority ("FINRA"). On November 1, 2010, Industrial and Commercial Bank of China Financial Services LLC "ICBCFS" acquired the prime dealer services division ("PDS") of Fortis Securities LLC. ICBCFS is a wholly-owned subsidiary of Industrial and Commercial Bank of China Limited. We offer global clearing and financing services to institutional clients in all major marketplaces. Services include: trade processing, clearance, financing, operational control, accounting, risk management, detailed reporting and technical support. PDS has provided these services since 1991. The ICBCFS "value added" proposition is derived from aggregating its clients’ trading and portfolio information so that this information is processed and reported to clients in a manner that is seamless, timely, relevant and accurate. Our parent, Industrial and Commercial Bank of China Limited ("ICBC"), is the largest bank in the world as measured by deposits, market capitalization and profitability. ICBC provides a wide range of financial products and services to 4.12 million corporate clients and 259 million individual customers through 16,227 outlets across China, 203 overseas institutions and a global network of more than 1,562 correspondent banks by the end of 2010. ICBC establishes strong presence by its commercial banking operation and rapid expansion to markets worldwide. For additional information on ICBC, please visit the web-site at www.icbc-ltd.com/icbcltd/en/. |