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Peresec Prime Brokers Pty Ltd

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South Africa

Founded in

2017 (8 Years)

Founded

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2.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Peresec Prime Brokers Pty Ltd

    Peresec is a market-leading financial services provider with a strong presence in South Africa and Guernsey. Through our exceptional people, platforms, and partnerships, we provide our clients with robust and effortless access to trading and investment opportunities, a wide range of prime broking services, and award-winning bespoke research, consulting, and structuring services. Through a management and Broad-Based Black Economic Empowerment (B-BBEE) consortium buyout, Peregrine Securities left the Peregrine Holdings Group in October 2018 and merged with its subsidiary, Legae Securities, to form Legae Peresec. The synergistic merger brought together South Africa’s first black-owned and managed stockbroker, and one of South Africa’s largest, technology-driven prime brokers. Legae Peresec grew into the largest stockbroker in South Africa by value traded on the JSE, as well as the largest black-owned, managed and controlled independent financial securities company in South Africa. Following an internal restructure along functional lines to achieve greater organizational resilience and robustness, Legae Peresec changed its name to Peresec South Africa in 2020.

    Industry

    • Forex Prime BrokerPRIMARY
    • Stock Prime Broker

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