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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