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Southern Trust Securities Announces Formation of Metals Trading Group
MIAMI, Dec. 17 /PRNewswire-FirstCall/ -- Southern Trust Securities Holding Corp. ("STSHC") (OTC Bulletin Board: SOHL), a financial services company offering broker-dealer, investment banking, investment advisory and wealth management services, announced today that it has formed Southern Trust Metals, Inc. ("STM"). STM was formed to capitalize on the investor interest in the trading of precious metals such as gold, silver, platinum and palladium.
STM is a separate subsidiary of STSHC and separately managed. STM will work directly with its own clients and will look to generate new business through innovative trading of primarily gold, silver, platinum and palladium.
STSHC's CEO Mr. Robert Escobio commented, "We are very excited about the formation of our new metals trading entity. We have brought to STM experienced people to manage this business. Further, we believe that gold and other metals will continue to become a bigger part of every investor's portfolio."
About Southern Trust Securities Holding Corp. ("STSHC")
STSHC is a financial services company offering securities brokerage, investment banking, asset management and private wealth management for a growing base of retail and institutional, corporate, and high-net-worth clients primarily in Latin America and Asia. STSHC services include access to international investment opportunities in U.S. and foreign capital markets, offshore entities for financial planning, and cross-border transactions, including private placements, bridge financing and reverse mergers into publicly-traded shell corporations. STSHC operates through its subsidiaries, Southern Trust Securities, Inc. (STS) and Southern Trust Securities Asset Management, Inc. (STSAM), and affiliated Geneva-based International Private Wealth Management S.A. (IPWM). STS is a member of the Securities Investors Protection Corporation (SIPC), National Futures Association (NFA), Financial Industry Regulatory Authority (FINRA), and Municipal Securities Review Board (MSRB). STS clears trades through, and maintains client accounts with, Pershing LLC, a wholly-owned subsidiary of The Bank of New York Mellon Co.
Forward- Looking Statements
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Corporation's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Except as otherwise required by federal securities laws, the Corporation undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.
Contact: Southern Trust Securities Holding Corp.
Robert Escobio, Chief Executive Officer
305-446-4800
SOURCE Southern Trust Securities Holding Corp.
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