Dolfin rings in its mem­ber­ship at the Malta Stock Ex­change

The Malta Business Weekly - - NEWS -

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.”

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