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Capital TRUST Securities ranked No. 1 in 2010

Capital TRUST Securities, the stock broking company with the highest net capital, has been Ranked No.1 in terms of turnover of shares transacted, turnover of brokerage fees and number of transactions executed in 2010, according to the figures released by the Colombo Stock Exchange (CSE). These are the highest amounts recorded by a stock broking firm in Sri Lanka in a single year.

This is a rare occasion when a stock broking firm has emerged No.1 in all these three areas. The significance of this achievement is even greater as 2010 was the year in which the CSE recorded the highest ever figures in all these three measures and was Ranked No.2 among the best performing stock markets in the world.

During 2010, the company achieved a turnover of Rs. 168.4 billion while the company had a market share of 15 percent.

The company introduced margin trading facilities through Capital TRUST Credit to retail clients with portfolios ranging from Rs. 200,000 to Rs. 1 million. In addition, the company deals with over ten margin trading providers to efficiently cater to the clients with portfolios of over Rs.1 million.

Managing Director/CEO Capital TRUST Securities Tushan Wickramasinghe said, "Our company was formerly known for dominating local and foreign institutional and high net worth individuals' transactions.

With the end of the conflict, we strategically concentrated on bringing the masses into the market. Now we open over 1,500 CDS accounts per month. Retail investors are by far the largest force in the stock market which has enabled Sri Lanka to become the second best performing stock market in the world in 2009 and 2010."

The company has an extensive branch network which covers Kandy, Negombo, Matara, Kurunegala, Kalutara and a recently opened Jaffna branch with plans to open suburban and provincial branches in 2011, to make stock trading popular among urban and rural investors.

Capital TRUST Securities (Pvt) Ltd, formerly Lanka ORIX Securities (Pvt) Ltd, a company which commenced Stock Broking in 1991, came under the Capital TRUST Group of Companies in July 2009.

The principal business functions of Capital TRUST Securities are stock broking, internet trading, equity research and corporate finance.

 

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