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08/04/2011
ALPHA TRUST ÁNDROMEDA SA
EUROBANK PROPERTIES REIC
GR. SARANTIS S.A.
EUROBANK PROPERTIES REIC
GR. SARANTIS S.A.
ELVAL - HELLENIC ALUMINIUM INDUSTRY S.A.
BANÊ OF CYPRUS PUBLIC COMPANY LTD
MARFIN POPULAR BANK PUBLIC CO LTD
IASO S.A.
S & B INDUSTRIAL MINERALS S.A.
J. & P. - AVAX S.A.
GR. SARANTIS S.A.
PASAL REAL ESTATE DEVELOPMENT S.A.
HELLENIC EXCHANGES S.A.
ALPHA TRUST ÁNDROMEDA SA : Announcement regarding the purchase of own shares
In compliance with Regulation No 2273/2003 of the Commission of the European Communities, the Company discloses that in implementing the decisions as of 09.10.2009 of the Extraordinary Shareholders Meeting and the Board of Directors, on the date mentioned hereafter proceeded with the purchases of own shares through the securities company EFG EUROBANK SECURITIES S.A. as follow:
On 07.04.2011, 500 shares of average acquisition cost 1,15 euro
EUROBANK PROPERTIES REIC : Announcement of Acquisition of Own Shares.
In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, Eurobank Properties REIC ("the Company") announces that following the decision of the Annual General Meeting of the Shareholders of the Company (dated March 16th, 2009) and the Board of Directors' resolution (dated March 16th, 2009), purchased, own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A. as follows:
On April 07, 2011 the Company purchased 1.500 shares, with average price €6.46 per share and total purchase price € 9.690
GR. SARANTIS S.A. : Purchase of own shares
In effect of the article 4, paragraph 4 of the 2273/2003 Regulation of the European Commission, the company GR. SARANTIS S.A. announces that according to article 16, Law 2190/1920, and based on the resolution of the Shareholder's Ordinary General Meeting which took place on the 30/06/2010, during the trading session of 7/4/2011, acquired 2,086 own shares through "INVESTMENT BANK OF GREECE S.A." at a price of 3.28 euro per share worth of 6,842.08 euros.
EUROBANK PROPERTIES REIC : Structuring of the Board of Directors- Election of executive and non-executive members
Eurobank Properties REIC announces to the investing public that the new BoD that was elected by the Ordinary General Meeting of the Shareholders dated April, 6th, 2011 was structured by virtue of its resolution dated April, 7th 2011as follows:
a) Nikolaos A. Bertsos ,Chairman, executive member
b) Odysseas Athanasiou, Vice- President A, non- executive member
c) Nikolaos Galetas, Vice- President B, non- executive member
d) Georgios Chrysikos, executive member
e) Vasileios Vafeiadis, independent non-executive member
f) Georgios Katsimbris, independent non-executive member
g) Georgios Papazoglou, independent non-executive member
It is noted that the General Meeting of the shareholders, dated April 6th 2011 set the term of the BoD to three years and appointed Mr Vasileios Vafeiadis, Mr Georgios Katsimbris and Mr Georgios Papazoglou as independent non- executive members.
GR. SARANTIS S.A. : Presentation of SARANTIS GROUP at the Hellenic Fund and Asset Management Association
Sarantis Group corporate presentation was realized today, April 8th 2011 at the Hellenic Fund and Asset Management Association where Mr. Konstantinos Rozakeas, Chief Financial Officer of Sarantis Group, presented the Group's 2010 financial results as well as the management?s strategy and estimates for 2011 financial results.
According to Mr. Rozakeas, Sarantis Group's consolidated turnover for 2010 was increased in comparison to 2009, while earnings per share from continuing operations were consistent with management's estimates.
The financial results of 12M2010 reflect the decline in the consumer market. However the drop of the parent's sales was offset largely by the increase of sales from the affiliates, while increasing significantly their contribution of both in sales and also in profits.
Despite the sales increase in comparison to 2009, the increased production cost, due to the price increase of the raw materials, increased advertising and promotion expenses, together with expenses for the general reduction of operating cost have affected the group?s profitability. For those reasons and under the current circumstances the sale of the participation in K. Theodoridis was considered necessary.
Special mention was also presented to the sales increase of the own brands, due to the amplification of their contribution to total sales. In addition, Mr. Rozakeas made a remark on the Group's robust financial position, solid cashflow generation and low leverage.
In terms of the Group's future prospects and developments, Mr. Rozakeas remarked that as uncertainty in the market persists, the Group's management expects that the adverse conditions in the economic environment will continue throughout 2011 as well and emphasizes on aligning the cost with the expected revenue.
Due to the adverse economic environment, the Group remains focused on its strategic pillars of growth that consist of organic growth of the core business activities and emphasis on Sarantis own brands portfolio; increase of the existing market shares of own brands; continuous examination of the situation in the economies of the Group's foreign countries and modification of the business where deemed necessary according to the market conditions; and finally emphasis on the examination of possible new acquisition targets, as long as market share, profitability and cost structure allow for synergies.
The Management's guidance with regards to the Group's financial performance in 2011 is shown in the following table:
Specifically, according to the Management's estimates, turnover from continuing operations will reach €223.40 mil. by the end of 2011, versus €220,01mil. in the end of 2010.
EBITDA from continuing operations is expected to increase into 2011 to €22.30 mil. from €21.38 million in 2010. EBIT from continuing operations is estimated to reach €18.20 mil. in 2011 from €17.55 mil. in 2010, while the related EBT is expected to reach €16.90 mil into 2011, from €16.76 mil in 2010.
Finally, EAT and EATAM are expected to settle at €13.57 mil. in 2011, from €13.22 mil in 2010.
The Group's presentation to the Hellenic Fund and Asset Management Association has been posted in the Company's website: http://ir.sarantis.gr/el-gr/presentations/sarantis-presentation.
ELVAL - HELLENIC ALUMINIUM INDUSTRY S.A. : PRESENTATION OF ELVAL TO THE ASSOCIATION OF GREEK INSTITUTIONAL INVESTORS
In the context of the annual regular briefing of ELVAL to the Association of Greek Institutional Investors, ELVAL Group was presented thereto this day, Wednesday, April 6, 2011. During the presentation, an overview of the performance, production facilities and products was given and was followed by an analysis of the results of 2010 and developments during the first quarter of the current year.
During 2010, the rolling sector was strengthened in international markets both for ELVAL and its subsidiary BRIDGNORTH ALUMINIUM in England. On the contrary, the extrusion sector remained at low levels, at least in the Greek market, and restricted considerably the Group's profitability.
Most international markets registered higher levels of performance both in terms of demand and prices as for rolling products while the company acquired new customers. The increased demand was met by fully utilizing the new production capacity at which the facilities at Inofita operate following completion of the greatest part of the investment plan, with the result of the sales volume registering a 25% and 18.5% increase for the Company and the Group respectively.
Under these circumstances, the consolidated turnover of ELVAL registered a 34.8% increase, rising from €690 million in 2009 to €930 million. In addition, on a consolidated basis, gross profit rose to €77 million from €51.5 million; earnings before interest, taxes, depreciation and amortization (EBITDA) rose to €68.4 million, being increased by 57.2%, and finally earnings after taxes and minority interests stood at €8.5 million compared to losses of €6.4 million in 2009 (earnings per share: €0.0687 compared to losses of €0.052 per share). Accordingly, at company level, the turnover stood at €597 million, registering a 46.3% increase; gross profit amounted to €23 million compared to €8.9 million; earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 76.1% coming to €36.4 million from €20.7 million in 2009, while profits after tax stood at €9.5 million compared to losses of €2.4 million in 2009.
During 2011, it is expected that the international momentum in the rolling sector and the export-related nature of the Group, in conjunction with its orientation toward the manufacturing of high added value products will continue to have a positive effect on its financials.
Note: The presentation has been uploaded on the Company's website: www.elval.gr and the website of Athens Stock Exchange: www.athex.gr.
BANÊ OF CYPRUS PUBLIC COMPANY LTD : Appointment of New Director
At its meeting held today, the Board of Directors of Bank of Cyprus Public Company Ltd decided the appointment of Ms. Irene Karamanou as an independent non-executive member of the Board of Directors, with immediate effect.
Ms. Irene Karamanou is an Assistant Professor in the Department of Public and Business Adminstrationof the University of Cyprus since 2005. In the past, she worked at an audit firm as a Senior Auditor and for a banking organisation. She holds a PhD in Business Administration, an MBA in Marketing and Management, a BBA in Accounting and she is a Certified Public Accountant.
The appointment of Ms.Karamanou enhances the presence of independent non-executive members on the Board of Directors.
MARFIN POPULAR BANK PUBLIC CO LTD : Listing of new shares resulting from the cross-border merger through absorption of "MARFIN EGNATIA BANK S.A."
"MARFIN POPULAR BANK PUBLIC CO LTD" (Absorbing Company) announces that the trading of 5.781.121 new ordinary (common) shares, which resulted from the share capital increase through the cross-border merger through absorption of "MARFIN EGNATIA BANK S.A." (Absorbed Company), will commence on the Athens Exchange (ATHEX) and the Cyprus Stock Exchange (CSE) on April 12th, 2011 in accordance with the provisions of Directive 2005/56/EC of the European Parliament and the Council of 26.10.2005, which was incorporated in Cyprus law by the (amending) Companies Act (No. 4) of 2007 and in Greek law by Law 3777/2009 ("Re Cross-Border Mergers of Capital Companies and other provisions"), as well as in accordance with the Cyprus laws (especially articles 198 - 201(xxiv) of the Companies Act) and Greek laws (especially articles 68 para. 2 and 69-77a of codified law 2190/1920 on Societes Anonymes). On the same date, the opening trading price of the shares of the Bank on the ATHEX and the CSE will be adjusted in accordance with the Regulations of the two Exchanges and the above mentioned shares will be credited to the investors' accounts and securities accounts of the beneficiary shareholders on the Dematerialised Securities System (D.D.S.)
Beneficiaries of the new shares of the Absorbing Company which resulted from the merger are the Shareholders of the Absorbed Company who were registered in the Dematerialised Securities System (D.D.S.) on 5.4.2011.
As it has been announced, the approved share exchange ratio for the shareholders of the merging companies is as follows: The shareholders of the Absorbed Company will receive 0,6726990008 new ordinary (common) shares of the Absorbing Company of nominal value 0,85 euro each for every one (1) old ordinary share of the Absorbed Company of nominal value 1,27 euro each.
Based on the above the share capital of the Absorbing Company will be increased as a result of the merger by absorption by the amount of 4.913.952,85 euro, amount which corresponds to the new shares the shareholders of the Absorbed Company are entitled to (other than the Absorbing Company), i.e. the 5.781.121 ordinary (common) shares of the Absorbing Company of nominal value 0,85 euro each. The new shares will be allocated to the shareholders of the Absorbed Company according to the above share exchange ratio, rounding up the largest fractional entitlements which will arise so that the above specified number of shares will be fully covered.
Consequently, the share capital of the Absorbing Company will now amount to 1.249.741.343,05 euro divided into 1.470.283.933 ordinary (common) shares of nominal value 0,85 euro.
The Board of Directors of the ATHEX at its meeting on April 7th, 2011 approved the listing for trading of the above mentioned new shares.
According to article 7 par. 1(a) of the (Cyprus) Law 114(I)/2005, as well the article 4 par. 2(a) of the (Greek) Law 3401/2005, there is no obligation to publish a Prospectus for the listing of the new shares which resulted from the cross-border merger through absorption of the Absorbed Company for trading on the Athens Exchange, on the grounds that the new shares represent less than ten percent (10%) of the number of shares of the same class which have already been listed for trading on the Cyprus Stock Exchange and the Athens Exchange respectively.
IASO S.A. : INVITATION TO THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING
INVITATION TO THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING OF THE SOCIETE ANONYME TRADING AS IASO SA PRIVATE GENERAL OBSTETRICS-GYNECOLOGY & PEDIATRICS CLINIC-DIAGNOSTIC, THERAPEUTIC & RESEARCH CENTER S.A
By a Board of Directors resolution of the societe anonyme trading as IASO SA PRIVATE GENERAL OBSTETRICS-GYNECOLOGY & PEDIATRICS CLINIC-DIAGNOSTIC, THERAPEUTIC & RESEARCH CENTER S.A, with distinctive title IASO SA (hereinafter the 'Company'), at its meeting held on March 24th 2011, pursuant to the provisions of the Law and the Company's Articles of Association, shareholders are invited to the Extraordinary General Meeting to be held on April 29th 2011, on Friday at 12.00 pm. at the Company's premises in Maroussi-Attica at 37-39 Kifissias Avenue (Ground floor - New Events Room), for discussion and decision making on the following item of the agenda:
Company's share capital increase with payment in cash, and issuance of new common registered shares with a voting right, with pre-emption right in favor of existing shareholders and relevant modification of article 3 of the Company's articles of association further to the aforementioned decision.
If the quorum, as stipulated by law and the Company's articles of association, is not reached, and therefore no decision is taken on the agenda item, the Company's General Shareholders Meeting will convene at a Reiterative Meeting on May 13th 2011, on Friday at 12.00 pm at the Company's headquarters in the same premise as mentioned above, without publishing a new invitation. If the quorum, as stipulated by law and the Company's articles of association, is not reached at the above Reiterative Meeting either, and therefore no decision is taken on the agenda item, the Company's General Shareholders Meeting will convene at a second Reiterative Meeting on May 27th 2011, on Friday at 12.00 pm at the Company's headquarters in the same premise as mentioned above.
It is underscored that no new invitation will be published for the Reiterative Meetings, in accordance with article 29 of codified law 2190/1920, as applying.
In accordance with articles 26 par. 2b, 27 and 28a of codified law 2190/1920, as modified and applying, the Company informs shareholders on the following:
PARTICIPATION RIGHT IN THE GENERAL MEETING
Any shareholder listed in the dematerialized securities system files, managed by the Hellenic Exchanges SA where Company?s shares are kept, is entitled to participate in the Meeting.
Shareholder capacity is evidenced directly by electronic connection of the Company with Hellenic Exchanges SA files.
Shareholder capacity must be in force on April 24th 2011, namely on the fifth day prior to the General Meeting date on April 29th 2011 (Registration Date) and the relevant electronic certification on the shareholder capacity must have reached the Company the latest on the third day before the General Meeting, namely by April 26th 2011. Further to the above, if the shareholder is a legal entity, it shall submit all the documents necessary for its legalization, as laid down by law, within the same deadline. Any shareholder fulfilling the same aforementioned requirements may participate in the Á? and Â? reiterative General Meeting on May 13th and 27th 2011. Shareholder capacity must be in force on May 9th 2011 for Á? Reiterative General Meeting and on May 23rd 2011 for Â? Reiterative General Meeting, namely on the fourth day of the A? and B? reiterative General Meeting (Registration Date of Reiterative General Meeting). As regards shareholder capacity and representation of legal entities-shareholders to the meeting, the above deadlines referring to the first meeting shall apply. Any entity bearing the shareholder capacity on the relevant Registration Date is entitled, vis-?-vis the Company, to participation and voting right in the General Meeting. In case of non compliance with the provisions of article 28á of codified law 2190/1920, the shareholder in question will participate in the General Meeting only on permission by the latter. The exercise of such rights does not presuppose the blocking of the beneficiary's shares neither the adherence to another similar procedure which restricts the possibility of sale and transfer of such shares during the period between the Registration Date and the Extraordinary General Meeting.
SHAREHOLDERS' MINORITY INTEREST
According to article 39, par. 2, 2a, 4 and 5 of codified law.2190/1920, shareholders preserve the following rights inter alia: a) With an application by shareholders, representing one twentieth (1/20) of the paid up share capital, the Company's Board of Directors is bound to include in the General Meeting additional agenda items, if the relevant application reaches the Board of Directors at least fifteen (15) days before the General Meeting, namely by April 14th 2011. The application for inclusion of additional items on the agenda is accompanied by a justification or a draft decision to be approved at the General Meeting and the revised agenda is published likewise, as the previous agenda, thirteen (13) days before the General Meeting date, namely on April 16th 2011, and at the same time it is made available to shareholders by being posted on the Company's website, together with the justification or the draft decision having been submitted by shareholders, pursuant to article 27, par. 3 of codified law 2190/1920.
b)With an application by shareholders, representing one twentieth (1/20) of the paid up share capital, the Board of Directors makes available to shareholders, in line with article 27 par.3 of codified law 2190/1920, at least six (6) days prior to the General Meeting date, namely the latest by April 23rd 2011, draft decisions of items having been included in the initial or possibly revised agenda, if the relevant application had reached the Board at least seven (7) days prior to the General Meeting date, namely by April 22nd2011.
c) After an application by any shareholder, submitted to the Company at least five (5) full days before the General Meeting, so that by April 23rd 2011, the Board of Directors is bound to offer the General Meeting the specific information requested with respect to the Company affairs, to the extent that these are useful for the actual assessment of agenda items. The Board may give a comprehensive reply to shareholders applications with the same content. Information disclosure liability does not exist, in case the relevant information is already available on the Company's webpage, particularly in the form of questions and answers. The Board of Directors may decline provision of information for an adequate and substantial reason, mentioned in the minutes.
d)With shareholders request, representing one fifth (1/5) of the paid up share capital, submitted to the Company within at least five (5) full days before the General Meeting, namely by April 23rd 2011, the Board is bound to offer the General Meeting information on the progress of corporate affairs and the Company's assets. The Board of Directors may decline provision of information for an adequate and substantial reason, mentioned in the minutes.
In all above cases, shareholders must proof their capacity during the exercise of such right. Such evidence may be considered the submission of a certification by Hellenic Exchanges SA or the certification of shareholder identity with direct electronic connection between Hellenic Exchanges SA and our Company.
PROCEDURE FOR THE EXERCISE OF VOTING RIGHT BY A PROXY
Shareholders entitled to participate in the General Meeting, as indicated above, may do so and vote either in person or by proxy. A proxy acting on behalf of more than one shareholder may vote differently for each one of them. Legal entities participate in the General Meeting appointing as their proxies up to three (3) natural persons.
A shareholder may appoint a proxy for one and only General Meeting or for as many meetings may take place within a particular time frame. The proxy, according to the shareholder's instructions, if there are any, votes and is bound to file the voting instructions for at least one (1) year, since the General Meeting minutes submission to the competent authority, or if the decision is subject to publicity, since its entry in the SAs Registry. Non-compliance of the proxy with the instructions given shall not affect the validity of General Meeting resolutions, even if the proxy's vote was decisive for decision making.
The shareholder's proxy is bound to disclose to the Company, prior to the beginning of the General Meeting, any specific event which may be useful to shareholders to evaluate the risk of the proxy serving interests other than the shareholder's interests. Pursuant to the above, conflict of interest may result when the proxy: a) is shareholder exercising control in the Company or is another legal entity controlled by the shareholder, or b) is a member of the Board of Directors or of the Company's management or of a shareholder exercising control in the Company or other legal entity controlled by the shareholder who exercises control in the Company, or c) is employee or chartered auditor of the Company or shareholder exercising control in the Company or other legal entity controlled by a shareholder, who exercises control in the Company, or d) is spouse or first degree relative to one of the natural persons mentioned above under cases a' to c'.
Every shareholder may appoint up to three (3) proxies. However, if a shareholder holds Company shares appearing in more than one securities accounts, such restriction does not constitute an impediment for the shareholder to appoint various proxies for the shares appearing in each securities account in relation to the General Meeting. Appointment and revocation of a shareholder's proxy is only performed in writing and disclosed to the Company in writing at least three (3) days before the fixed General Meeting date, namely until April 26th 2011. Any Company shareholders being legal entities must submit within the same deadline all the documents necessary for their legalization, as stipulated by law. The Company's Articles of Association does not foresee appointment or revocation of a shareholder's proxy by electronic means, according to article 28a par. 3, of codified law 2190/1920.
The Company has posted on its webpage, www.iaso.gr, a form to be used by shareholders for the appointment of a proxy, while shareholders may also obtain the hard copy from the Company's Shareholder Service Desk (37-39 Kifissias Avenue, GR-15123 Maroussi, Attica, tel. +30 210 6184176 and 177). This form must have been sent to the Shareholder Service Desk filled out in all its points and signed by the shareholder, according to the specific filling out, signing and submitting instructions included in the form, either by fax at + 30 210 6184180, for the attention of Shareholder Service Desk, or by mail to the Shareholder Service Desk at 37-39 Kifissias Avenue, GR-151 23 Maroussi, Attica. In any case, it must have been delivered to the Company at least three (3) days before the General Meeting date. In case of a reiterative General Meeting, the above form must have been sent to the Company's Shareholder Service Desk in writing and been delivered thereto at least three (3) days prior to the reiterative General Meeting date.
Should the proxy appointment form be sent by mail to the Company or by fax to the above number, and therefore, not signed before the responsible person at the Shareholder Service, the shareholder's signature should be certified or else it shall not be accepted by the Company. The shareholder must see to confirming successful dispatch and receipt of the proxy appointment form by the Company, calling the Shareholder Service at +30 210 6184176 and 177.
AVAILABLE DOCUMENTS AND INFORMATION
The information and documents foreseen in article 27 par. 3 of codified law 2190/1920, as applying, will be posted, as of the present invitation publication date, on the Company's webpage www.iaso.gr, in unit 'Investor Relations'; hard copies will be available at the Company's headquarters, Shareholder Service Desk, on 37-39 Kifissias Avenue, GR-15123 Maroussi, Attica.
S & B INDUSTRIAL MINERALS S.A. : Announcement pursuant to Law 3556/2007
S&B Industrial Minerals S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission that Mr. EFTHIMIOS VIDALIS purchased :
Á) on 05/04/2011, 800 common shares of our company of a total value of Euro 3.912,00 and
B) on 06/04/2011, 1.000 common shares of our company of a total value of Euro 4.910,00 .
These transactions have been duly acknowledged to the Company pursuant to article 13 of Law 3340/2005 by Mr. Efthimios Vidalis, under his capacity as Member of the Board of Directors.
J. & P. - AVAX S.A. : Announcement on Important Trade Information (Law 3556/2007)
Pursuant to Law 3556/2007, J&P-AVAX SA announces the purchase of 3,000 shares of J&P-AVAX SA for a consideration of €3,410.00 on 07.04.2011 by its Managing Director Mr Constantine Mitzalis (designated an insider under Article 13 of Law 3340/2005).
GR. SARANTIS S.A. : Announcement of Regulated Information According to the L. 3556
The company GR. SARANTIS S.A. announces, according to the article 21 of the L.3556/2007 and the article 11 of the Hellenic Capital Market Commission decision 1/434/3.07.07 that Mr. Kyriakos Sarantis son of Pantazis, Vice Chairman of the BoD and Chief Executive Officer of the Company, proceeded on 06/04/10 to the purchase of 100 (one hundred) common shares at the price of 3.25 euros (three euros and twenty five cents) of total value 325 euros (three hundred twenty five euros).
PASAL REAL ESTATE DEVELOPMENT S.A. : Announcement of regulated information according to the law 3556/2007
In accordance with the provisions of Laws 3340/2005 and 3556/2007, of Decision 1/434/3.7.2007 and Circular Nr 33 of the Hellenic Capital Market Commission, PASAL Development S.A. announces that on April 7th 2011, Mrs Aikaterini Theodoridi sold in the Athens Exchange 337.099 common shares of PASAL for the aggregate amount of Euro 134.839,60.-
Aikaterini Theodoridi is, pursuant to the provisions of Law 3340/2005, a related person with Mr. Sotiris Theodoridis, Chairman of the Board of PASAL Development S.A.
HELLENIC EXCHANGES S.A. : Announcement of regulated information in accordance with Law 3556/2007
Hellenic Exchanges S.A. announces, pursuant to Law 3556/2007 and Law 3606/2007 that Eurobank EFG Equities notified it on 08.04.2011 that:
1. On 06.04.2011 it bought 708 HELEX common registered shares, at a total value of EUR4,248.00
2. On 06.04.2011 it sold 708 HELEX common registered shares, at a total value of EUR4,382.52
3. On 06.04.2011 it sold 1,100 HELEX common registered shares, at a total value of EUR6,588.00
4. On 06.04.2011 it bought 11 HELEX futures at a total value of EUR6,446.00
The transactions 3 - 4 by Eurobank EFG Equities took place in its capacity as market maker in the derivatives market.