The activities of trade securities on their own behalf and for its own account in order to obtain the difference in price.

During the conduct of dealer operations, stock broker:

- Must not executing the orders of their customers and other contractual obligations to customers, their interests related persons placed in front of the interests of clients,

- Must not forward order to purchase or sell the same securities that are subject to client's order before the execution of client orders.
- Is required to manage the portfolio of securities in a way that provides such capital adequacy, risk exposure and liquidity management, which will not jeopardize the execution of his obligations to the client.

License Commission Securities code: 01-UP-051-3145/08 of 28 July 2008 and valid until 28 July 2011.godine.