The Bahamas International Securities Exchange (BISX) is pleased to announce that Leno Corporate Services Limited (LENO) has become a BISX Broker-Dealer Member.
Leno Corporate Services Limited becomes the sixth BISX Broker-Dealer Member to provide brokerage services. Speaking on the addition of a new Broker-Dealer Member, Keith Davies, BISX’s Chief Executive Officer stated, “We are extremely pleased to welcome Leno Corporate Services Limited as our newest Member. It speaks highly to their desire to service the needs of their clients, that they made this decision. Any new initiative that provides investors new options when it comes to financial services and avenues for investment is welcomed by the Exchange.”
Mr. Davies commented further on the significance of this new Member, stating, “Leno’s membership came at the end of almost two years of discussion with their President, Mr. Sean K. Longley and involved due diligence by the Exchange and then approval by the BISX Membership Committee. We expect that as our market evolves and continues to expand, we will continue to see additional firms follow the innovative lead of Leno. They recognized that they needed to look for new ways that they can add value to their clients, as providing just investment advice is no longer enough, with clients wanting to know that firms are able to manage their portfolios and carry out buy and sell transactions on their behalf.”
Mr. Sean K. Longley, President of Leno, stated “after four years of service here in The Bahamas, becoming a BISX Broker Dealer is major milestone for LENO as it reflects our commitment to empowering the everyday investor. Equally important to LENO is the notion of improving the overall understanding and relationship between investments and individuals. We embrace this opportunity and recognize our responsibility as we become a greater part of the investment industry.”
Mr. Longley went on to say that “LENO is a Bahamian owned financial services company that offers a wide range of financial consulting, administrative and management services including Administration of Group Pension and Saving Plans, College Savings Plans, Individual Retirement Plan, Brokerage and Trading, Investment Management Services, Accounting and Payroll Services.”
BISX is committed to fostering the growth of The Bahamian Capital Markets. One of the means that the Exchange focuses on in carrying out this goal is increasing the number of investment alternatives as well as the investment avenues available to investors.
For additional Information please contact:
Mrs. Elude Michel-Sturrup