DALLAS--(BUSINESS WIRE)--Capital Institutional Services, Inc. (CAPIS), one of the leading women-owned institutional broker-dealers, today announced their enhanced ADR conversion offering.
Through CAPIS’s ADR conversion services, institutional investors can easily invest in foreign companies while interacting with a single point of contact for investing in, trading, and settling ADRs. All aspects of the ADR conversion are handled by CAPIS’s high-touch global trading desk using proprietary technology - creating efficiencies and saving institutional investors time.
With CAPIS’s ADR conversion service, investors receive full disclosure regarding how the final ADR price was derived. All fees and costs are completely transparent.
“As one of the few emerging/minority brokers to offer ADR conversions, we are uniquely positioned to help investment managers invest in ADRs while meeting minority directives as well as earning research credit,” said Matthew Kiselica, manager of the international trading desk. “Since enhancing and streamlining the ADR conversion product, we have seen tremendous volume growth in our ADR business.”
CAPIS offers ADR conversion trading in more than 30 countries through their 24-hour global trading desk. The technology used to process ADR conversions was developed internally by CAPIS’s IT team and is designed to improve performance while handling large trading volumes.
About Capital Institutional Services, Inc. (CAPIS)
CAPIS is a leading women-owned, independent U.S. institutional broker specializing in 24-hour global trading, independent research and commission management programs for asset managers, plan sponsors, and broker-dealers. Supported by advanced trading technology, CAPIS traders deliver superior execution in domestic and international equities, fixed income, derivatives, and program trading. With four decades of experience in the independent research and commission management business, the firm’s industry-leading CCA and CSA programs provide added tools for reducing transaction costs and improving performance. Founded in 1977, CAPIS is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the National Futures Association, and SIPC. CAPIS is also a WBENC-Certified Women’s Business Enterprise. For more information, visit www.CAPIS.com.