Contract Win

Jarvis Securities plc ("Jarvis" or "the Company") Contract Wins / New Service Jarvis is pleased to announce that it has today signed a contract to provide settlement and financial administration services to First Trade Derivatives Limited and certain of its appointed representatives. The appointed representatives include Astor Securities Limited, a specialist stockbroking firm providing a bespoke service, expertise and advice on alternative markets, managed funds and derivative products to UK and international private clients. Further, the previously announced contract relating to a party awaiting regulatory approval will commence next month after their successful application for authorisation by the Financial Services Authority. In addition, Jarvis has signed an agreement with another established firm and further details will be provided in due course. Commenting, Andrew Grant, Chairman of Jarvis, said "We are delighted that so many new firms have chosen to use Jarvis for their settlement rather than the largest provider in this market. This is testament to our service and our model. I am also excited that firms that are currently using competitors are now also selecting Jarvis as an alternative to renewing their existing contracts. This is a serious upheaval and a decision not taken lightly but a trend that augurs very well for the future of our Company as a provider of settlement services to investment professionals". The Company is also extending its CFD offering with a new internet platform allowing retail customers to trade CFDs, currencies, commodities and international equities from one account. The implementation of this platform will also allow Jarvis to provide an outsourced service in these instruments to existing and additional commercial clients. Jarvis intends to extend its relationships with existing commercial settlement clients by providing an increased range of services. For further information: Jarvis Securities plc Mathew Edmett Tel: 0870 224 1111 Daniel Stewart & Company plc Stewart Dick Tel: 0207 776 6550 ---END OF MESSAGE---
UK 100

Latest directors dealings