LIMASSOL, Cyprus, Dec. 18, 2014 (GLOBE NEWSWIRE) -- via PRWEB - CySEC licensed MeritKapital Ltd (MK) received an award for "The Most Progressive Broker of Cyprus for 2014" by Global Financial Market (GFM) Review. The award is largely attributed to the versatility of financial products and regions across which it is able to render its brokerage services.
Particularly on the fixed income side, MeritKapital is well versed on Russian and CEE corporate and sovereign paper both on the domestic and on the Eurobond markets. A strong network of trading lines with Western, Russian and CEE major banks and of agreements with renowned international custodians facilitates this continuous growth.
On the equity side, MeritKapital offers global DMA solutions across multiple trading platforms which may include Bloomberg EMSX, Reuters or Quik. Its most recent development in this sphere, was the broker membership on the Cyprus Stock Exchange where the Bank of Cyprus shares have just been readmitted for trading. Prior to their admittance MeritKapital received international publicity for acting as the first OTC broker of "bailed in" Bank of Cyprus deposits and shares and had subsequently traded tens of millions($) of further such deals by acting as a principal broker.
The GFM awards are voted by peer industry firms who are invited to rate the best players in the field. MeritKapital will maintain its strive for growth by benchmarking across globally established, financial industry players.
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