Mercury International Associates Ltd. facilitates all it’s trading and clearing via a Broker Dealer based in the United States, who is a fully regulated member of the NASD (National Association of Securities Dealers).

US Securities clearing is normally a bi-party agreement between the client, the Broker Dealer and a Clearing Firm.  Brokers over the years have contracted out nearly all their back-office and administration functions to specialist firms whose sole activity is to provide clearing and settlement of transactions.  Our relationships work in such a manner and offer clients not only access to the US stock market but also an array of financial products. Your account will be cleared by one of the largest specialist firms in the US, who have over 600,000 client accounts and a market value of some US$26billion.

Once completed account paperwork and confirmation of identity forms have been received by our preferred Broker, online account access can be undertaken enabling real time viewing of current positions and even market trading facilities (subject to minimum account balances). On-line access provides daily market summaries, company and mutual fund profiles, headline news, "most actives" on the market and quotes, in essence all the things needed to keep today's investor up to date.

Further services that can be offered include;

	Fee-based accounts that provide access to professional money managers; numerous mutual fund investments as well as your current stocks, funds and other investments;
	Retirement accounts that range from individual plans to business retirement plans;
	Fixed-income products, including government, municipal, corporate and mortgage-backed Securities;

Comprehensive account statements with easy-to-read trade confirmations and summaries (as well as online access to your accounts) ensure that your dealings with us remain transparent and you have total control over your account at all times.

An important part of any financial transaction is the level of comfort and safety placed on the treatment of client funds.  In this regard the facilities we offer are no different from arrangements offered by any financial institution in the US.  The clearing agent holds client assets and cash in segregated accounts which fall under the control of the regulatory authorities in the United States. Our preferred clearing firm are of course members of the Securities Investor Protection Corporation (SIPC).  SIPC is a non-profit membership corporation funded by broker-dealers and operated in the form of an investor’s compensation scheme.  SIPC protects the clients of its members in the event of the failure of a member firm, reimbursing the cash value of their securities up to US$500,000 (split into a maximum of US$100,000 cash and US$400,000 in stock).  In common with most firms, the clearing firm we use have undertaken further levels of client compensation by paying to increase their levels of cover to US$25million.  Please note however, neither SIPC protection nor protection in excess of that offered by SIPC covers a decline in the value of client's assets due to market loss.

We can provide additional information about this cover on request or please visit the SIPC at www.sipc.org
 

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