The purpose of the company is to conduct brokerage and trading transactions of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, sell, broker and manage real estate in Switzerland and abroad. It may also provide financing and other services for its own account or for the account of third parties, as well as provide securities for the liabilities of affiliated companies. Furthermore, it may conclude, take over and assign representations, and engage in the technical and commercial exploitation of patents, licenses and other rights, carry out research and development work, buy and sell, and manage assets of all kinds for itself, as well as provide consulting and expert services.