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(1) The Company is an investment institution pursuant to Section 2 (1) of the WplG and provides investment services to others on a commercial basis. It operates the investment services regulated in points 3, 4, 5 and 9 thereof, i.e.: 1. the intermediation of transactions concerning the acquisition and sale of financial instruments or their proof (investment brokerage), 2 …
(1) The Company is an investment institution pursuant to Section 2 (1) of the WplG and provides investment services to others on a commercial basis. It operates the investment services regulated in points 3, 4, 5 and 9 thereof, i.e.: 1. the intermediation of transactions concerning the acquisition and sale of financial instruments or their proof (investment brokerage), 2. the issuing of personal recommendations within the meaning of Article 9 of Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to the organisational requirements for investment firms and the conditions under which they carry out their activities, as well as the definition of certain terms for the purposes of those Directives (OJ L 199, p. OJ L 87, 31.03.2017, p. 1; OJ L 246, 26.09.2017, p. 12; OJ L 82, 26.03.2018, p. 18), most recently amended by Delegated Regulation (EU) 2019/1011 (OJ No. L 165 of 21.06.2019, p. 1), to clients or their representatives relating to transactions in certain financial instruments, provided that the recommendation is based on an examination of the personal circumstances of the investor or is presented as suitable for him and is not disclosed exclusively via information dissemination channels or to the public (investment advice), 3. the acquisition or sale of financial instruments in the name of third parties for the account of third parties (brokerage), 4. the management of individual or several assets invested in financial instruments for others with room for manoeuvre (financial portfolio management). In addition, the company is entitled to invest its own assets. The Company shall not acquire ownership or possession of clients' funds or securities in the course of providing the investment services referred to in Nos. 1, 2, 3 and 4 above. The Company may enter into all transactions which are related to the investment services referred to in paragraph 1 and which appear to it to be directly or indirectly useful for the achievement of the above-mentioned business purposes. Its activities are not limited to Germany. The company may participate in companies if the business purpose of the company is essentially oriented towards business that the company itself is allowed to carry out by law or articles of association, and the company's liability arising from the participation is limited by the legal form of the company.
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