Dolfin rings in its membership at the Malta Stock Exchange
Dolfin, an independent and agile wealth management platform, has announced that its Maltese unit, Dolfin Asset Services Ltd, has become a member of the Malta Stock Exchange. Dolfin CEO Denis Nagy took part in the MSE’s traditional ringing of the bell ceremony to mark the occasion.
The firm’s membership means that Dolfin’s traders in Malta and its clients have direct access to Malta’s securities market, both in bonds and equities. The move builds on the Dolfin Group’s ambition to offer a true one-stop-shop to its clients – for investment accounts, execution, or asset management – regardless of whether they custody their assets in London or Malta. Dolfin already provides its international clients with UK investor visa solutions and plans to offer them a similar service for Malta.
Membership of the MSE also gives Dolfin access to the Maltese central security depository and increases its efficiency by enabling trading directly through the MSE without going through an intermediary.
Ramon Bondin, CEO of Dolfin Asset Serv- ices in Malta, said: “Our membership of the MSE demonstrates our ongoing commitment to financial services in Malta. Since opening our office in Valletta this April, we have continued to grow and invest in the financial centre. Our membership enables us to provide our clients with a faster, more efficient service while further embedding our roots in Malta.”
Dolfin secured its Malta custody and depository licence earlier this year making it the first provider on the island to offer access to depositary facilities with London- based custody. Its membership with the MSE further solidifies Dolfin’s position in Malta’s growing financial services industry.
Joseph Portelli, chairman at the Malta Stock Exchange, said: “The Malta Stock Exchange is pleased to be welcoming Dolfin as our newest member. Dolfin is the second broker affiliated with the Exchange which has a strong international presence. Attracting foreign-based brokers is testament that the Malta Stock Exchange will have a growing international footprint.”