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Caribbean Company Launches E-Brokerage Service

Tax-news.com

28 November 1999


RC Securities (www.rcsecurities.com) has launched a Caribbean based online, offshore brokerage service which offers real-time, single-transaction trading of international securities.

"Things just got easier for off-shore investors, our primary market, who have reacted enthusiastically to the site and to the range of services we offer," said RC Securities chairman David Putnam. "Traditionally, trading in off-shore accounts has been laborious, complicated, and slow. The objective of RC Securities is to facilitate online trading for IBCs (international business corporations) and offshore Trusts from anywhere in the world, on the major stock exchanges of the world, on a 24-hour, fully confidential basis."

RCS's services are claimed to be a first in a market that is worth an estimated US$7 trillion. RC Securities new online service has started with North American markets and will soon also feature international markets, offshore mutual funds and real-time stock quotes.

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