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Management

We are a team of professionals who are committed to the constant development of our business and our skills to stay on top of the changing financial landscape.

Mr Guntars Pupelis

Sales & Business development (Europe & CIS)

Guntars is the Sales Director responsible for our daily operations and strategy in Europe & CIS region. He has extensive experience in sales and business partnership management gained through employment at various investment companies.

Mr Janis Kivkulis

Sales & Business development (Western Europe)

Janis oversees our Western European line of sales business. Before joining EXANTE, he worked at Parex Bank and Baltikums Bank —heading a number of departments and representative offices there.

Mr Dainis Rozenfelds

Wealth management

Dainis has an MBA degree from Riseba University in Latvia amongst other academic qualifications. Apart from running his own business, throughout the last 10 years he has also been involved in the wealth management services for HNWI as a Senior Wealth Manager.

Mr Bruno Cakans

Finance & Audit

Bruno is the Chief Financial Officer of EXANTE. Bruno works closely with our auditing team at KPMG in making sure all reports are accurate and fully coherent with all regulations.

Ms Marina Zaremba

Customer risk & Compliance

Marina holds a Master's degree in Economics and Management from the State University of Latvia. She started her career in JSC Rietumu Bank being responsible for AML programs' implementation. Marina is certified in Anti-Money laundering by ACAMS.

Mr Patrick O'Brien

Communications & Business relations

Patrick is a prominent journalist and a weekly contributor to the most distinguished magazines in Malta. He is responsible for EXANTE's Communication Department which oversees business relations, content and partnerships.

Our Values

Innovation

At EXANTE, we constantly research, develop, test and implement. We are always on top of the latest technological trends, while guaranteeing quality and security.

Transparency

We are constantly improving our services to help our clients and partners reach their goals. We are open to discussion and we are able to provide timely, relevant, and accurate information on any matter.

Security

Above all, we care about security — whether it be the security of your investments, the security of order execution, or the security of your data. We take personal responsibility in everything we do.

Quality

Expertise and professionalism are the foundations of client satisfaction, which is our top priority. Whatever we do, we maintain the highest quality standard and do it with the utmost commitment.

Governance

Role of the Board of EXANTE

The Board of EXANTE is responsible for creating and delivering sustainable shareholder value through managing business processes. Therefore, it determines the company's strategic objectives and policies to deliver long-term values, and provide an overall strategic direction within a framework of rewards, incentives and controls. The Board of EXANTE ensures that the management achieves an appropriate balance between promoting long-term growth and delivering short-term objectives. The directors of EXANTE act in a way they consider, in good faith, to promote the success of the company for the benefit of the shareholders as a whole and, in doing so have a regard for (amongst other matters):

The likely consequences of any decision in the long-term;
The interests of EXANTE employees;
The need to foster EXANTE business relationships with suppliers, members and others;
The impact of EXANTE operations on the community and the environment;
The desirability of EXANTE to maintain a reputation for high standards of business conduct and;
The need to act fairly between the shareholders of EXANTE.

The Board of EXANTE also ensures that the management maintains a system of internal control which provides the assurance of effective and efficient operations, internal financial controls, and compliance with the law and regulators. In addition, the Board ensures that the management maintains an effective risk management and oversight process at the highest level across the company.

In carrying out these responsibilities, the Board has a regard as to what is appropriate for the company’s business and reputation, the materiality of finances and other risks inherent in the business and the relative costs and benefits of implementing specific controls.

Sustainability

Although we recognise that financial markets are probably the least sustainable institutions around, we address sustainability as a main criterion in our decision-making process. We try to balance today's gains with the future prosperity of all our stakeholders.

Powers of the Board of EXANTE

The Board of EXANTE is also the decision-making body for all other significant matters of importance to the company as a whole, because of the strategic, financial or reputational implications or consequences of the actions of EXANTE.

The Board acts in accordance with its powers, and Directors must:

Act in accordance with the company’s constitution, and;
Only exercise powers for the purposes which they are conferred.

Powers reserved to the Board include:

Approval of the company’s strategy, interim and full year financial statements;
Conducting significant changes in accounting policy and practice;
Appointment or removal of Directors or the Company Secretary;
Addressing conflicts of interest, and;
Implementing changes to the EXANTE’s capital structure and major acquisitions, mergers, disposals or capital expenditure.

Regulation

MiFID

The Market in Financial Instruments Directive is an EU directive which has been in effect since November 1st, 2007. The MiFID sets forth the requirements for the entire European financial sector with the aim of introducing a single European market of financial instruments. Its main goal is to promote the emergence of an efficient, transparent and integrated financial trading infrastructure, including ensuring a high degree of investor protection. The directive contains measures that changed and improved the organisation and functioning of investment firms, facilitating cross border trading while creating strategic opportunities. The MiFID can be viewed in full here.

EXANTE, as an EU-regulated investment firm, falls under the MiFID’s jurisdiction and has as such implemented all necessary legal requirements, protocols and policies to ensure full compliance with the directive. Regarding the MiFID implementation for partners, EXANTE proactively supports them by offering a range of services that facilitate the partners themselves in meeting their local national MiFID requirements and hence reduce costs.

The Malta Financial Supervisory Authority monitors the Maltese investment industry’s compliance with the MiFID.

Client Classification: Suitability & Appropriateness Tests

The MiFID requires firms to classify clients in three main categories, as "Eligible Counterparties", "Professional Clients" and "Retail Clients" (the latter having the highest level of protection) and to assess their suitability and appropriateness for the products offered.

Post-Trade Transparency

EXANTE ensures that transaction transparency is achieved in accordance with the MiFID. In order to enable investors or market participants to access the terms of potential stock transactions at any time and to retroactively verify the conditions in which these transactions were carried out, EXANTE publishes details of completed stock transactions and discloses details of current opportunities to trade shares. More specifically, all types of trading in financial instruments, whether on regulated markets, MTFs or over-the-counter (OTC), are subject to a post-trade transparency obligation.

Best Execution

The MiFID requires that investment firms take all possible steps to obtain the best overall result in the execution of client’s order. The best possible result is not limited to the execution price, but also includes a variety of factors, such as speed, the likelihood of the execution and the likelihood of a settlement.

EXANTE’s Best Execution Policy creates transparency for EXANTE’s clients’ means of ensuring the best execution hereunder relying on: (i) state-of-the-art technology for routing, monitoring and executing orders; (ii) careful consideration of the elements of order execution; (iii) regular and rigorous examination of the overall execution quality.

Transaction Reporting

EXANTE must report all transactions to the Malta Financial Supervisory Authority.

Trading Licences

EXANTE holds Cat. II Licence No. IS/52182 issued by the Malta Financial Services Authority (MFSA) as well as Licence No. 165/12 by the Cyprus Securities and Exchange Commission (CySEC).

EXANTE is a SFC licensed broker in Hong Kong (licence No. BNN565).

EXANTE is also authorised to provide services in the United Kingdom by the Financial Conduct Authority (FCA) in terms of licence No. 620980.

State insurance of funds

EXANTE clients who open accounts within Cyprus jurisdiction get their funds securely covered with up to 20,000 euro insurance as a part of Investor Compensation Fund directed by CySEC.

Created by professionals. For professionals.

Nearest representative office: EXANTE LTD. (London Branch)
1 Fore Street,
London
EC2Y 9DT +44 2036709945

Copyright 2019 XNT Ltd. All rights Reserved.
EXANTE® is a registered trademark of XNT LTD.

Malta
XNT LTD. is incorporated as a Limited Liability Company under Malta Law, with the registration number C 52182.
XNT LTD. is authorised to provide the Investment Services by the MFSA and governed by MiFID. Licenсe No.: IS/52182.
Restricted Regions: XNT LTD. does not provide services for citizens of certain regions, such as The United States of America.

United Kingdom
XNT LTD. is entitled to provide services in the UK by using its passporting rights (Financial Conduct Authority FRN 620980).

Hong Kong
XHK LTD is incorporated as a Limited Liability Company under Hong Kong Law, with the registration number 2643270.
XHK LTD is authorised to provide the Investment Services by SFC. Licenсe No.: 2643270.

Cyprus
EXT LTD is incorporated as a Limited Liability Company under Cyprus law, with the registration number HE 293592.
EXT LTD is authorised to provide the Investment Services by CySEC. Licenсe No.: 165/12.

EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here.

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