Pareto offers transmission and execution of orders for trading in financial instruments through our Internet trading platform (“web trading”), as well as via our dealing desk. Brokers may contact clients who make use of order transmission and execution services in connection with general offers available to all clients of the enterprise.
Besides, investment advice1 is offered through the dealing desk for clients holding clearance for such service. It is a requirement under the Securities Trading Act that client to whom investment advice is to be offered are subjected to a suitability test for purposes of enabling the investment firm to recommend such investment services and such financial instruments as a suitable for the client. The details submitted on the present form shall enable Pareto to perform such suitability testing. Pareto will assess whether investment advice may be offered to the Client based on an assessment of the client profile.
The investment advice is limited to the small number of investment products offered by Pareto, and consequently is not product-independent advice. Nor do Pareto’s business activities include advice to the Client with regard to the establishment of investment objectives and detailed investment limits (asset allocation principles, portfolio composition to achieve the desired diversification, etc.). Consequently, clients wanting assistance on this need to contact another service provider that offers such a service.
Pareto does not offer active management services. Nor does Pareto offer any form of ongoing portfolio monitoring in connection with investment advice. The Client is him- or herself responsible for following up on his or her positions, and cannot assume that Pareto will contact him or her if the risk profile of positions turns out to differ from that desired by the Client as the result of market developments.
Pareto offers a limited range of investment products:
- Listed and non-listed equities and equity instruments
- Funds, including Exchange Traded Funds (ETF)
- Exchange Traded Notes
- Listed and non-listed bonds
- Direct investments/shares in limited partnerships
- Futures, forwards and options with equities, commodities, foreign exchange or contracts of affreightment as the underlying instruments
Pareto does not, for example, offer investments in the form of bank deposits, money market funds or Contracts for Difference (CFDs). Consequently, clients wishing to trade in such products must contact another provider that offers such products.
Pareto’s investment products aim to achieve positive yields/gains net of costs, and are generally characterised by medium/high risk, whilst their recommended investment horizons vary depending on, inter alia, liquidity. Please note that Pareto does not offer products with a low risk profile.