Canadian Company sets up CaymanInternet Trading Operation
In a recent press release, Trading Offshore.com Ltd. todayannounces its services as the first onshore/offshore online securitiestrading company to offer clients real-time execution of tradesin the Cayman Islands with no direct taxation.
With web hosting maintained in the Kahnawake Mohawk Territoryin Montreal, Quebec, TradingOffshore.com - the company's releaseboasts that it offers strict confidentiality, privacy, and security- all paramount in the operations of the company.
TradingOffshore.com offers unique products and services that includebrokerage services, offshore trusts, and offshore companies. Accountsmay be set up from as little as US$5,000 compared to US$250,000for accounts at other offshore full service brokerage firms.
"Clients' trading orders are routed for the fastest (10 secondson liquid equity markets) trade execution known offshore froma server located in the Cayman Islands," claims Susanne Thiessen,President, TradingOffshore.com. "There is no direct taxationin the Cayman Islands and therefore, no capital gains tax. Sotraders can conduct their business offshore, but with the benefitof real time trade executions via the Internet."
She said that the Cayman Islands offers the best combination ofsecurity and confidentiality for investors.
TradingOffshore's back office functions, located at Mohawk InternetTechnologies, in Kahnawake, takes advantage of reduced overhead,this means lower transactions fees for their clients, comparedto full service offshore brokers and creates jobs in Canada.