The purpose of the company is to trade in all types of financial instruments, particularly in shares, derivatives and other exchange-traded products on its own account. The company may also conduct financial analyses, market and corporate research, grant or receive loans and acquire, hold and dispose of participations in other companies. It may establish branches both in Switzerland and abroad and conduct all transactions that directly or indirectly serve the company's purpose. The company may establish branches in Switzerland and abroad and it may acquire, manage, encumber and dispose of real estate, intellectual property rights and licenses of all kinds.