Altura Company

Altura Company: An In-Depth Overview

1. Company Overview

Founding Date and Background

Altura Markets S.V., S.A., commonly referred to as Altura Company, was founded in April 2001 as a joint venture between Banco Bilbao Vizcaya Argentaria (BBVA) and Société Générale. The company specializes in the brokerage of futures and options, offering a comprehensive range of execution and clearing services to institutional and corporate clients across various organized derivatives markets.

Parent Company/Ownership Structure

Altura operates as a 50/50 joint venture between BBVA, one of Spain's leading financial institutions, and Société Générale, a prominent French multinational banking and financial services company. This ownership structure allows Altura to leverage the strengths and expertise of both parent companies, enhancing its service offerings and market reach.

Headquarters Location

The company is headquartered in Madrid, Spain, specifically located at Vía de los Poblados, 3, Edificio 2 - Planta 1, 28033 Madrid. This strategic location positions Altura at the heart of the Iberian Peninsula's financial landscape.

Global Business Scope

Altura Company offers services on a global scale, providing access to more than 85 derivatives and stock exchange markets worldwide. Its client base includes a diverse array of financial institutions, investment funds, pension funds, and corporate clients, reflecting its extensive reach in the financial services industry.

Main Regulatory Bodies

Altura is regulated by the Comisión Nacional del Mercado de Valores (CNMV), which is the Spanish Securities Market Commission. This regulatory oversight ensures that Altura adheres to strict standards governing risk management, client protection, and operational transparency.

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2. Company History and Development

Key Milestones

Since its inception in 2001, Altura has achieved several significant milestones. It began as a joint venture and quickly established itself as a leading brokerage firm in the Iberian Peninsula. Over the years, it has expanded its service offerings and market presence, becoming a key player in the derivatives market.

Business Expansion Journey

Altura's growth trajectory has been marked by strategic expansions, including the integration of various financial services and products. The company has continuously adapted to market demands, broadening its scope to include a wider range of trading options and financial instruments.

Customer Base Growth

Altura has seen substantial growth in its customer base, now serving over 300 execution and clearing clients. This growth is attributed to its commitment to delivering high-quality services and maintaining strong relationships with clients, which has resulted in consistent recognition as a top brokerage firm in the industry.

Platform Development History

The company has invested significantly in technology to enhance its trading platform, ensuring that it remains at the forefront of industry advancements. This includes the implementation of state-of-the-art risk management systems and trading solutions that cater to the evolving needs of its clients.

Important Awards or Recognitions Received

Altura has consistently been recognized for its excellence in the brokerage sector. Since 2005, it has been awarded the title of the best derivatives brokerage firm in the Iberian Peninsula by Risk Magazine, highlighting its commitment to quality and client satisfaction.

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3. Trading Services Offered

Forex Trading Options

Altura Company offers a comprehensive range of forex trading options, providing clients access to numerous currency pairs. This allows clients to engage in diverse trading strategies and capitalize on global currency fluctuations.

Stock Trading Options

The brokerage provides extensive stock trading options, enabling clients to trade shares across various international stock exchanges. This includes access to both major and emerging markets, facilitating a broad investment strategy.

CFD Trading Products

Altura also offers Contracts for Difference (CFDs), allowing clients to speculate on price movements without owning the underlying asset. This flexibility is attractive to traders looking to maximize their investment potential.

Other Financial Instruments

In addition to forex and stock trading, Altura provides access to a variety of financial instruments, including commodities and cryptocurrencies. This diverse offering enables clients to build well-rounded portfolios that align with their investment goals.

Special Services or Unique Advantages

One of Altura's unique advantages is its commitment to providing impartial services, free from conflicts of interest. The company prioritizes transparency and client relationships, ensuring that clients receive tailored solutions that meet their specific needs.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Altura is regulated by the CNMV in Spain, adhering to strict guidelines that govern its operations. This regulatory framework is designed to protect investors, ensure market integrity, and promote transparency in financial transactions.

Legal Entity Structure by Region

As a Spanish securities company, Altura operates under Spanish law and is subject to the regulations set forth by the CNMV. Its legal structure allows it to engage in various financial services while maintaining compliance with local and international regulations.

Client Fund Protection Measures

Altura implements robust client fund protection measures, ensuring that client assets are safeguarded in accordance with regulatory requirements. This includes segregating client funds from the company's operational funds, providing an additional layer of security.

Countries/Regions Served

While headquartered in Spain, Altura serves clients across Europe and beyond, providing access to global markets and facilitating international trading activities.

Compliance History

Altura has maintained a strong compliance history, consistently meeting regulatory requirements and demonstrating a commitment to ethical business practices. This track record reinforces client confidence and supports the company's reputation in the industry.

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5. Competitive Landscape

3-5 Main Competitors

Altura faces competition from several key players in the brokerage industry, including:

• Interactive Brokers: Known for its extensive trading options and low-cost structure.
• Saxo Bank: Offers a wide range of financial products and a robust trading platform.
• IG Group: Specializes in CFD trading and forex, with a strong market presence.
• CMC Markets: Provides a comprehensive trading platform with competitive pricing.

Positioning in the Industry

Altura positions itself as a leading brokerage firm in the Iberian Peninsula, focusing exclusively on the execution and clearing of listed derivatives. Its unique joint venture structure and commitment to client service distinguish it from competitors.

Market Differentiation Factors

Altura's differentiation factors include its strong regulatory compliance, transparent business practices, and a dedicated focus on client needs. The company's ability to provide tailored solutions and maintain high service standards sets it apart in a competitive market.

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In conclusion, Altura Company stands out as a prominent player in the financial services industry, offering a wide range of trading options and maintaining a strong commitment to regulatory compliance and client satisfaction. With its strategic partnerships and innovative approach, Altura is well-positioned for continued growth and success in the dynamic world of brokerage services.

For those interested in learning more about Altura and its offerings, please visit their official website.