The company operates on primary markets as a trader and may engage in the trading of any commodity, goods or products that are permissible under current laws. The company will obtain, where necessary and as a precaution, any necessary authorization to operate in regulated sectors. It may not intermediate money or financial products, for which registration with the Swiss Financial Market Supervisory Authority FINMA is required. The company may carry out any financial, commercial, industrial, securities or real estate transaction, either on its own account or on behalf of third parties, in direct or indirect relation to its corporate purpose. The company may participate in other companies and establish branches and subsidiaries in Switzerland and abroad.