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MIG BANK - Brochure - Escuela de Negocios Ecuador

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Company Registration N°: CH-645-4096536-3<br />

Confi<strong>de</strong>nce is Capital<br />

CEO Intro 2<br />

About Us 4<br />

Mission & Values 6<br />

Regulatory Environment 8<br />

Advantages 10<br />

Account Types 12<br />

Technology 16<br />

Partnerships 18<br />

Research 20<br />

The world of M I G online 22<br />

F1 Sponsorship 24<br />

Contact Us 26<br />

Language Desks 27


2<br />

CEO Intro<br />

Welcome to M I G <strong>BANK</strong> - The Swiss Forex Bank<br />

I believe that Confi<strong>de</strong>nce is an attitu<strong>de</strong>, a catalyst for in-<br />

novation and progress. Confi<strong>de</strong>nce drove me to create the<br />

world’s preferred FX service provi<strong>de</strong>r, and the reason why,<br />

today, M I G <strong>BANK</strong> stands as one of the fastest growing,<br />

most innovative, value-based provi<strong>de</strong>rs of FX services in the<br />

market.<br />

Our aim at M I G <strong>BANK</strong> is to give you the confi<strong>de</strong>nce to<br />

become the tra<strong>de</strong>r you want to be, through a combination<br />

of best tools, trading conditions and support. With unique<br />

value-adding advantages and services <strong>de</strong>signed to rein-<br />

force your investment, we allow you to perform at your<br />

best at all times, in an optimal trading environment with<br />

the highest level of integrity, security, and quality stan-<br />

dards. From best trading conditions to individualized cus-<br />

tomer service, we provi<strong>de</strong> the industry’s tightest spreads,<br />

excellent liquidity, technological innovation, and a premier<br />

research <strong>de</strong>partment helmed by some of the most respect-<br />

ed analysts in the business.<br />

Our location in Switzerland puts us at the forefront of the<br />

world’s FX regulatory standards, and our quality and security<br />

provi<strong>de</strong>s an unrivaled advantage which we pass over to you.<br />

As our client, you get the quality services of a specialized FX<br />

brokerage, and the security of a Swiss regulated bank.<br />

Because our success is inextricably linked to yours, we place<br />

our clients at the heart of everything we do. Whether you<br />

are trading for yourself, or are an Introducing Broker, Asset<br />

Manager or a White Label, we consi<strong>de</strong>r you as our strate-<br />

gic business partner. Our strong know-how and attention<br />

to <strong>de</strong>tail means we can offer revenue-building opportuni-<br />

ties for your business through our world class FX trading<br />

infrastructure.<br />

As echoed by our corporate values, we un<strong>de</strong>rstand the<br />

importance of integrity and commitment to the client and<br />

believe that success comes from having a long-term vision,<br />

especially when it comes to relationship building. It is our<br />

aim to surpass your expectations by providing a secure,<br />

comfortable, and reliable trading environment – Your trust<br />

in us is fundamental; your confi<strong>de</strong>nce is capital.<br />

We invite you to find out more about us and the rich ser-<br />

vices we provi<strong>de</strong> through this brochure, and ultimately how<br />

M I G <strong>BANK</strong> can help you fulfill your business aims.<br />

Hisham Mansour<br />

Chief Executive Officer


Start trading with<br />

Confi<strong>de</strong>nce<br />

3


4<br />

About Us<br />

M<br />

I G <strong>BANK</strong> is a Swiss bank offering specialized FX<br />

broking and other financial services to clients in over<br />

120 countries, across 5 regions worldwi<strong>de</strong>, 24-hours a day,<br />

5 days a week. We are one of Switzerland’s fastest growing<br />

FX service provi<strong>de</strong>rs, having significantly grown our market<br />

share since our inception in 2003.<br />

Headquartered in Neuchâtel, Switzerland, M I G <strong>BANK</strong> is<br />

located in the heart of one of the world’s most reputable<br />

financial centers, known for its financial integrity, stability<br />

and banking secrecy laws. The company is regulated and<br />

supervised by the Swiss Financial Market Supervisory Au-<br />

thority or FINMA, the regulator of Swiss financial markets.<br />

M I G <strong>BANK</strong> is ISO certified for Quality Management & In-<br />

formation Technology Security Standards (9001 and 27001),<br />

offering the highest level of integrity and transparency to<br />

tra<strong>de</strong>rs.<br />

As a Swiss based bank fully focused on FX, we are <strong>de</strong>eply<br />

committed to providing our partners and clients with the<br />

most comprehensive and competitive FX solutions in the<br />

industry. To achieve this, M I G <strong>BANK</strong> <strong>de</strong>livers tight trading<br />

spreads, excellent liquidity, the highest level of customer<br />

service and technological innovation.<br />

M I G <strong>BANK</strong> offers world-class business partnership<br />

solutions for banks, financial institutions, brokers and<br />

private investors through its White Label, Asset Manager<br />

and Business Fin<strong>de</strong>r programs. Partnership solutions can<br />

be customized according to our partner’s business strategy,<br />

with flexible income sharing plans and value-adding<br />

support features.<br />

M I G <strong>BANK</strong>’s Research Department offers clients premium<br />

technical analysis and research products <strong>de</strong>veloped by a<br />

leading team of financial and economic experts. With over<br />

80 years of combined industry experience, our analysts pro-<br />

duce high quality technical analysis and macroeconomic re-<br />

ports available to clients on a daily basis. Team members<br />

regularly appear on key television networks, such as CNBC,<br />

CNN, Bloomberg, BBC World, and Fox Business News, and<br />

contribute articles to leading tra<strong>de</strong> publications worldwi<strong>de</strong>.


Located in the heart<br />

of one of the world’s<br />

most reputable<br />

financial centers<br />

5<br />

© Vincent Bourrut - www.bourrut.ch


6<br />

Mission & Values<br />

M<br />

I G <strong>BANK</strong>’s primary mission is to become the world’s<br />

preferred FX specialist service provi<strong>de</strong>r. We are <strong>de</strong>dicated<br />

to building long-term relationships with our clients<br />

by strengthening trust and building confi<strong>de</strong>nce. We believe<br />

we <strong>de</strong>liver the optimal trading environment, unparalleled<br />

in quality and function, and that every client should be en-<br />

titled to the highest levels of service at all times.<br />

Integrity<br />

Our word is our bond. By <strong>de</strong>livering on our promises, we<br />

aim to reinforce client relationships and create partner-<br />

ships that are un<strong>de</strong>rpinned by trust.<br />

Social Responsibility<br />

As our business grows, the goal is to also expand our<br />

level of social responsibility. We feel it is our professional<br />

duty to give back to society whenever possible, and seek<br />

to <strong>de</strong>velop a sound philanthropic foundation. 2010 marks<br />

the fourth year of our partnership with UNICEF in support<br />

of the right of equality for children.<br />

Commitment to the Client<br />

M I G <strong>BANK</strong> partners and clients are at the core of our<br />

company’s existence and our most important asset. By<br />

placing clients’ interests first, we recognize the impor-<br />

tance of achieving an intimate level of un<strong>de</strong>rstanding of<br />

our clients’ needs and how to accommodate them.<br />

Innovation<br />

From operational procedures to technology, we believe<br />

that in or<strong>de</strong>r to remain competitive and to help grow our<br />

clients’ business, innovation is an intrinsic necessity. By<br />

providing the latest tools, products and services, M I G<br />

<strong>BANK</strong> is establishing itself as a lea<strong>de</strong>r, rather than an op-<br />

erator in the industry.


Dedicated<br />

to building<br />

long-term<br />

relationships<br />

7


8<br />

Regulatory Environment<br />

M<br />

I G <strong>BANK</strong> has a high standard of compliance and<br />

quality throughout its organization. As an established<br />

Swiss bank, our operations are regulated and supervised by<br />

the Swiss Financial Market Supervisory Authority (FINMA).<br />

This in<strong>de</strong>pen<strong>de</strong>nt authority protects the clients of financial<br />

markets, namely creditors and investors, thereby strengthen-<br />

ing confi<strong>de</strong>nce in the smooth functioning, competitiveness<br />

and integrity of Switzerland’s financial center.<br />

Un<strong>de</strong>r this framework, and particularly in accordance with<br />

the Swiss Banking Act, clients benefit from Swiss Banking<br />

security standards, which inclu<strong>de</strong> privileged <strong>de</strong>posits per<br />

creditor in case of a bank <strong>de</strong>fault.<br />

M I G <strong>BANK</strong> only affiliates itself with minimum AA rated<br />

banks and financial institutions and un<strong>de</strong>rgoes consistent<br />

operational audits throughout the year by KPMG, providing<br />

external auditing, and PricewaterhouseCoopers, for internal<br />

auditing. These measures help to assure the highest finan-<br />

cial reporting quality, transparency and business integrity<br />

possible.<br />

M I G <strong>BANK</strong> is ISO certified for Quality Management and<br />

Information Security Standards (9001 and 27001), and<br />

employs best-practice and continual improvement tech-<br />

niques throughout the organization to ensure sound busi-<br />

ness operations.<br />

Being situated in one of the world’s most stable financial<br />

environments means that M I G <strong>BANK</strong> clients can take ad-<br />

vantage of Swiss economic and financial security standards,<br />

most notably Swiss banking secrecy laws.


Quality<br />

Security<br />

Integrity<br />

Transparency<br />

9


10<br />

Advantages<br />

M<br />

I G <strong>BANK</strong> provi<strong>de</strong>s FX and bullion services to clients<br />

and partners 24-hours a day, 5 days a week, from<br />

Sunday 23:00 CET through to Friday 23:00 CET.<br />

Our key advantages inclu<strong>de</strong> :<br />

+ Market’s most competitive spreads<br />

- Tra<strong>de</strong> on spreads as low as 0.5 pip on 70 currency<br />

pairs as well as Gold and Silver<br />

- Commission free trading<br />

+ Access to premium research by leading analysts<br />

- Team of experts with over 80 years of combined<br />

market experience<br />

- Exclusive research portal and analytical tools<br />

- Free 30 day access to world class research<br />

+ Regulated Swiss Bank<br />

- Regulated and supervised by the Swiss<br />

Financial Market Supervisory Authority (FINMA)<br />

- Swiss financial security and banking secrecy laws<br />

- ISO certified for Quality and Information<br />

Security Standards (9001 & 27001)


+ Excellent liquidity and streaming real time prices<br />

+ Multilingual client support<br />

- Our staff speaks over 20 languages<br />

+ Leverage up to 1:500<br />

+ Powerful and user-friendly trading software<br />

- MT4 and MT5 beta trading platform - 90 day free <strong>de</strong>mo<br />

- Multi Account Manager (MAM)<br />

+ Mobile trading software<br />

+ Trading Strategy Programming Service<br />

- Available for all account types<br />

- Free service for Advanced and Prime account hol<strong>de</strong>rs<br />

+ Multicurrency account <strong>de</strong>nomination<br />

+ Strategic Business Partnership programs<br />

- Flexible and customizable solutions<br />

- Favorable income-sharing options and<br />

highest service level


12<br />

Account Types<br />

We offer four types of trading accounts to accommodate<br />

different trading styles and needs. Each<br />

<strong>de</strong>livers a wi<strong>de</strong> range of competitive advantages to match<br />

your specific trading requirements, through tight spreads,<br />

excellent liquidity, advanced trading technology, premium<br />

research and customer service support. The mini account<br />

is available for tra<strong>de</strong>rs who start to build their trading ex-<br />

perience; The Classic Account is i<strong>de</strong>al for individual trad-<br />

ers offering high transparency and numerous advantages;<br />

the Advanced Account for larger investors; and the Prime<br />

Account for high net worth, high volume individuals and<br />

institutions.<br />

Through our online application service available on our<br />

website, it is easy and convenient for clients to open an<br />

account with us.


High Deposit And Volume<br />

13


Online<br />

forex trading<br />

now<br />

with the security<br />

of a Swiss Bank.


16<br />

Technology<br />

Information Technology Security<br />

M I G <strong>BANK</strong>’s electronic trading infrastructure uses state-of-<br />

the-art technology to give clients the best possible edge for<br />

online trading. This high-performance <strong>de</strong>sign offers optimal<br />

security against connectivity and latency issues thanks to a<br />

strategic arrangement of Internet provi<strong>de</strong>rs and data cen-<br />

ters set up to accommodate clients across five continents<br />

and 120 countries. M I G <strong>BANK</strong>’s infrastructure is secured for<br />

business continuity with safeguards against data loss and<br />

downtime via a core disaster recovery plan and internal and<br />

external backup solutions.<br />

Our information technology framework and operations are<br />

also ISO certified for quality and security, with continual R&D<br />

investments and improvements being ma<strong>de</strong> to ensure cli-<br />

ents always operate in a mo<strong>de</strong>rn and reliable setting.<br />

Trading Technology Solutions<br />

M I G <strong>BANK</strong> offers the most comprehensive and advanced<br />

trading technology solutions, keeping business partners and<br />

clients ahead of the competition with the market’s most ver-<br />

satile, cutting-edge, secure, and user-friendly trading tools.<br />

M I G Trading Station<br />

M I G’s MT4 platform is an award-winning, powerful and<br />

user-friendly gateway to the FX and bullion markets. It is<br />

available in 23 languages and packed with charting and<br />

indicator options, automated trading potential, trailing<br />

stop features and a headline news service provi<strong>de</strong>d by<br />

Dow Jones Newswires. Automatic updates via the Inter-<br />

net means the trading platform is always equipped with<br />

the latest trading tools.<br />

A free 90 day trial lets you experience the FX market<br />

before committing real money.<br />

M I G Multi Account Manager (MAM)<br />

An indispensable tool reserved for asset managers, this<br />

dynamic platform makes unlimited account tracking,<br />

viewing, opening, closing and modification of tra<strong>de</strong>s<br />

possible with just a few mouse clicks.


Automated Trading<br />

When automated, the right trading strategy can save cli-<br />

ents time, money, and provi<strong>de</strong> more freedom. At M I G<br />

<strong>BANK</strong>, in-house programming experts are available to<br />

help clients achieve just that. Programming services are<br />

available to our Clients. M I G <strong>BANK</strong> also offers a com-<br />

prehensive “pick & download” library of essential trading<br />

strategies to choose from on its website.<br />

M I G Mobile Trading<br />

Trading on the move is possible via M I G <strong>BANK</strong>’s mo-<br />

bile trading solution, giving clients the freedom to tra<strong>de</strong><br />

securely and confi<strong>de</strong>ntly on PDA’s or Smartphones. This<br />

easy-to-install service features real-time prices for FX and<br />

bullion, access to live charts and customizable indicators,<br />

account administration options, live streaming premium<br />

research, plus news headlines provi<strong>de</strong>d by Dow Jones<br />

Newswires.<br />

WAP Browser<br />

With a WAP enabled phone, M I G <strong>BANK</strong> <strong>de</strong>livers access<br />

to real-time updated currency pairings, Gold and Silver,<br />

as well as clients’ trading account <strong>de</strong>tails, through a se-<br />

cure, password-protected platform.<br />

17


18<br />

Partnerships<br />

M<br />

I G <strong>BANK</strong>’s partnership solutions are <strong>de</strong>signed to<br />

accommodate the business needs and structure of<br />

banks, financial institutions, private investors and brokers<br />

looking to add a world class FX and bullion solution to<br />

their product line. Offering business strategy flexibility and<br />

a highly individualized level of client support, M I G <strong>BANK</strong><br />

works closely with each strategic business partner to <strong>de</strong>velop<br />

maximum revenue potential and a customized income-<br />

sharing plan.<br />

White Label<br />

M I G <strong>BANK</strong>’s White Label program provi<strong>de</strong>s a total on-<br />

line trading solution for banks and financial institutions,<br />

giving their clients a fast and efficient way to tra<strong>de</strong> FX and<br />

bullion. White Label clients tra<strong>de</strong> using the cutting-edge,<br />

M I G Trading Station, bran<strong>de</strong>d with their company’s i<strong>de</strong>n-<br />

tity and supported by state-of-the-art trading infrastruc-<br />

ture. A professional, multilingual staff ensures that each<br />

partner’s business receives exclusive treatment.<br />

Asset Manager<br />

Reserved for financial professionals trading and manag-<br />

ing client accounts, M I G <strong>BANK</strong>’s Asset Manager pro-<br />

gram offers a comprehensive set of trading tools to facili-<br />

tate multi-account trading and customized solutions for<br />

revenue sharing – Asset Managers benefit from cutting-<br />

edge technology and support.<br />

Business Fin<strong>de</strong>r<br />

Designed for individuals or firms interested in genera-<br />

ting revenue though the enrollment of new clients, the<br />

M I G BF Program offers multiple revenue sharing op-<br />

tions, along with a powerful trading platform and attrac-<br />

tive trading conditions.


Solutions <strong>de</strong>signed<br />

to accomodate<br />

your business needs<br />

19


20<br />

Research<br />

M<br />

I G <strong>BANK</strong>’s world class research <strong>de</strong>partment offers<br />

clients access to premium analysis provi<strong>de</strong>d by industry<br />

experts, with over 80 years of combined global mar-<br />

ket experience across all asset classes.<br />

With a strong core focus on FX, the Research Department<br />

is built on a rich <strong>de</strong>pth of knowledge, producing a special<br />

brand of technical analysis and global macroeconomic re-<br />

ports daily.<br />

The team provi<strong>de</strong>s breaking news on current market influ-<br />

ences and trends from a tra<strong>de</strong>r’s perspective, transposing<br />

essential industry intelligence into practical, bite-size re-<br />

ports to clients. Our analysts regularly appear on leading<br />

financial television channels, such as CNBC, Fox Business,<br />

CNN and Bloomberg, and frequently contribute articles to<br />

major global tra<strong>de</strong> publications.<br />

The Research Department is accessible to institutional ac-<br />

count hol<strong>de</strong>rs for direct discussions on the market and has<br />

an active presence at leading financial conferences and ex-<br />

pos around the world, where it <strong>de</strong>livers presentations on<br />

trading techniques and analysis.<br />

An exclusive Research Site is now available to clients, provid-<br />

ing access to fresh market analysis and research tools direct<br />

from our industry professionals at www.migresearch.com.


Premium analysis provi<strong>de</strong>d by<br />

industry experts


22<br />

The World of M I G online<br />

migbank.com<br />

The M I G <strong>BANK</strong> online experience reaches further to<br />

meet the needs of today’s online tra<strong>de</strong>r. As specialists in<br />

FX services, the M I G <strong>BANK</strong> website is <strong>de</strong>signed to pro-<br />

vi<strong>de</strong> an optimal resource for tra<strong>de</strong>rs, with easily acces-<br />

sible tools and information, streamlined navigation and<br />

transparency as its key drivers.


Connecting you to<br />

your potential<br />

23


24<br />

F1 Sponsorship<br />

MI G <strong>BANK</strong> is a proud Team Partner of the Merce<strong>de</strong>s<br />

GP Petronas Formula One Team. As mentioned in<br />

our vi<strong>de</strong>o commercial, we partner Formula One World<br />

Champions because we know the true meaning of ‘sup-<br />

port’, ‘security’, ‘analysis’, ‘technology’, ‘speed’ and ‘ex-<br />

pertise’.<br />

Our partnership with Merce<strong>de</strong>s GP Petronas Formula One<br />

Team is the perfect way of communication of our core va-<br />

lues and is a leading indicator of our industry position and<br />

confi<strong>de</strong>nt mind-set.<br />

M I G <strong>BANK</strong> logo can be seen on the front wing end plates<br />

and on the nose of Merce<strong>de</strong>s GP cars, as well as on the<br />

race-suits of the drivers Michael Schumacher and Nico Ros-<br />

berg, on Merce<strong>de</strong>s GP race-team overalls, in the garage<br />

area, on team trucks, race equipment, and Formula One<br />

merchandise.


The culmination of<br />

powerful synergies<br />

25


26<br />

Contact Us<br />

Through a synergy of <strong>de</strong>ep, local un<strong>de</strong>rstanding and<br />

placing the right people in the right environment, we<br />

are able to provi<strong>de</strong> an outstanding level of service to clients<br />

and business partners worldwi<strong>de</strong>. Each member of our Cli-<br />

ent Support team is a specialist in their particular region,<br />

with a sensitivity for local business culture and practices.<br />

M I G <strong>BANK</strong><br />

14, Route <strong>de</strong>s Gouttes d’Or<br />

CH-2008 Neuchâtel<br />

Switzerland<br />

Main Phone<br />

+41 32 722 81 00<br />

Fax<br />

+41 32 722 81 01<br />

Email<br />

info@migbank.com<br />

Web<br />

www.migbank.com<br />

Toll Free Number<br />

00800 64 40 00 00<br />

Combined with qualities such as individualized client ser-<br />

vices, with over 30 languages spoken in-house, high trans-<br />

parency and Swiss integrity, our people are highly quali-<br />

fied professionals ready to support you and your business<br />

through the creation of long term relationships.<br />

Dealing Room<br />

+41 32 722 81 53 <strong>de</strong>aling@migbank.com<br />

Strategic Partnerships<br />

+41 32 722 81 58 b.partner@migbank.com<br />

Institutional Clients<br />

+41 32 722 86 50 institutional@migbank.com<br />

Marketing<br />

+41 32 722 81 59 marketing@migbank.com<br />

Human Resources<br />

+41 32 722 81 55 hr@migbank.com


English<br />

+41 32 722 81 00 english@migbank.com<br />

Afrikaans<br />

+41 32 722 88 19 afrikaans@migbank.com<br />

Arabic<br />

+41 32 722 88 06 arabic@migbank.com<br />

Cantonese<br />

+41 32 722 88 18 cantonese@migbank.com<br />

Czech<br />

+41 32 722 88 15 czech@migbank.com<br />

Danish<br />

+41 32 722 88 10 danish@migbank.com<br />

Dutch<br />

+41 32 722 88 09 dutch@migbank.com<br />

French<br />

+41 32 722 88 00 french@migbank.com<br />

German<br />

+41 32 722 88 01 german@migbank.com<br />

Greek<br />

+41 32 722 88 23 greek@migbank.com<br />

Indonesian<br />

+41 32 722 88 21 indonesian@migbank.com<br />

Italian<br />

+41 32 722 88 02 italian@migbank.com<br />

Language Desks<br />

Korean<br />

+41 32 722 88 20 korean@migbank.com<br />

Lithuanian<br />

+41 32 722 88 22 lithuanian@migbank.com<br />

Malaysian<br />

+41 32 722 88 17 malaysian@migbank.com<br />

Mandarin<br />

+41 32 722 88 07 mandarin@migbank.com<br />

Norwegian<br />

+41 032 722 88 41 norwegian@migbank.com<br />

Polish<br />

+41 32 722 88 14 polish@migbank.com<br />

Portuguese<br />

+41 32 722 88 04 portuguese@migbank.com<br />

Russian<br />

+41 32 722 88 05 russian@migbank.com<br />

Slovak<br />

+41 32 722 88 16 slovak@migbank.com<br />

Spanish<br />

+41 32 722 88 03 spanish@migbank.com<br />

Swedish<br />

+ 41 32 722 88 40 swedish@migbank.com<br />

Turkish<br />

+41 32 722 88 13 turkish@migbank.com<br />

27


migbank.com

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