(January 3 – 15:20 ET) – SE Global Equities Inc., a subsidiary of Capital Alliance Group Inc., today announced the addition of two more brokerage firms to its global network of brokers.

Representing the Tokyo and Italian Stock Exchanges, these new alliance brokers further strengthen SE Global’s presence in Asia and represent a significant milestone in the company’s strategy to expand its network into Europe.

With this announcement, SE Global has now broadened its reach into 22 stock exchanges in 20 countries spanning several continents.

IMIWeb will cover the Italian Stock Exchange in Milan. IMIWeb is part of the San Paolo IMI Group, one of Italy’s largest banking groups. Since its launch in 1999, IMIWeb has achieved the highest ranking in European Investor’s BlueSky ratings for online brokerage services in Italy.

IMIWeb has links with seven principal European Markets, NASDAQ, NYSE, and Japan. The firm has established itself as one of the premier European online brokers.

Aizawa Securities Co., Ltd. will cover the Tokyo Stock Exchange as well as other secondary exchanges in Japan. After 82 years of operation, the company now consists of a network of 500 employees working out of 26 branch offices. At the end of March 2000, Aizawa Securities’ paid-in capital was 3,202 million Japanese Yen (US$29 million) and has achieved an operating profit of 8,768 million Yen (US$82.6 million). Aizawa Securities began offering online trading in October 1999 and is now one of the leading online brokerage firms in the country.

“The signing of these two firms from Japan and Italy is very encouraging,” said Michael Teryazos, senior vice president, business development (European & Latin American operations)

“In addition to our early success with firms located in emerging markets, we are now making great strides with firms who deal on the world’s higher profile exchanges. This is truly an exciting time for SE Global as we continue to develop worldwide representation and enhance services to our members,” Teryazos added.
-IE Staff