NEW YORK, NY / ACCESSWIRE / August 27, 2020 / Strattner Financial Group, also known as Strattners (OTC PINK:SCNG), announces that it is actively pursuing the opportunity to acquire a securities trading firm.
Strattners is in the market to acquire a FINRA registered brokerage firm, ideally with additional registrations with NASDAQ and the NYSE.
Strattners management said that "When we look at the brokerage market we look at the sell-side securities industry which are the brokers and they have been experiencing deteriorating economics, mainly due to pricing pressures from the rise in discount brokerage services and changes in market structure. However, the buy-side we look at, mainly professional investors, increasingly demand full-service brokerage services, especially in the fixed income and convertibles market such as convertible bonds, notes, and debt. We found that the asset managers we talk with often feel not adequately serviced by the industry due to the complexity of some of these transactions they either have or would like to have on the book. We are confident that we could bring value to their business, focusing on servicing the increased demand we see for these transactions. Last week, the US primary market broke through $1.3 trillion of new debt, beating issuance for the whole of 2017, the previous record year which tells us that we are not alone with our opinion."
Strattner Financial Group is a diversified alternative investment management firm focused on growing and managing group assets, commercial interests, subsidiaries, and services across a broad spectrum of industries where the firm identifies value.
Strattner Financial Group
+1 (917) 210-1062
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties, and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein.
SOURCE: SC Holdings Corporation