A-Mark Precious Metals, Inc. (AMRK) Company Overview

Founding Date and Background

A-Mark Precious Metals, Inc. (AMRK) was founded in 1965, establishing itself as a full-service precious metals trading company. The company specializes in a wide range of products and services related to precious metals, including wholesale and retail bullion trading, coin trading, consignment services, and logistics.

Parent Company/Ownership Structure

A-Mark Precious Metals operates as a publicly traded company on the NASDAQ under the ticker symbol AMRK. It is a subsidiary of Spectrum Group International, Inc. As of the latest available data, the largest shareholders include Dimensional Fund Advisors LP, Vanguard Group, and BlackRock Fund Advisors, among others.

Headquarters Location

The company is headquartered in El Segundo, California, USA, at the following address:

2121 Rosecrans Avenue, Suite 6300, El Segundo, CA 90245.

Global Business Scope

A-Mark has a global presence, serving clients across North America, Europe, Asia, Africa, and Australia. Its diverse customer base includes individual collectors, coin dealers, jewelry manufacturers, industrial users, and government agencies.

Main Regulatory Bodies

A-Mark operates under the oversight of multiple regulatory bodies, including the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company adheres to strict compliance measures to ensure the protection of its clients and operations.

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Company History and Development

Key Milestones

• 1965: A-Mark is founded in California.
• 1974: The company goes public and begins trading on NASDAQ.
• 1980s: A-Mark expands its international footprint by opening offices in Europe and Asia.
• 1990s: The company launches an online trading platform, enhancing accessibility for clients.
• 2014: A-Mark is spun off from Spectrum Group International, becoming an independent public entity.

Business Expansion Journey

Over the years, A-Mark has strategically expanded its operations through acquisitions and partnerships, allowing it to diversify its product offerings and enhance service delivery. This growth has solidified its position as a leading player in the precious metals market.

Customer Base Growth

A-Mark has successfully broadened its customer base, serving individual investors, institutional clients, and various businesses. The company's commitment to quality products and exceptional service has led to a loyal clientele.

Platform Development History

The launch of A-Mark's online trading platform in the 1990s marked a significant development in its service offerings, allowing clients to trade precious metals conveniently. The platform has continued to evolve, incorporating advanced trading technologies and features.

Important Awards or Recognitions Received

A-Mark has received recognition for its commitment to quality and service in the precious metals industry, although specific awards have not been detailed in the available information.

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Trading Services Offered

Forex Trading Options

A-Mark provides a robust trading platform that includes forex trading options. The company offers a variety of currency pairs, allowing clients to engage in global currency trading. The exact number of currency pairs is not specified in the available data.

Stock Trading Options

As a full-service trading company, A-Mark also facilitates stock trading, enabling clients to invest in various publicly traded companies, including those in the precious metals sector.

CFD Trading Products

A-Mark offers contracts for difference (CFDs), allowing clients to speculate on the price movements of precious metals without owning the underlying assets. This service provides flexibility and opportunities for profit in fluctuating markets.

Other Financial Instruments

In addition to forex and stock trading, A-Mark provides access to various financial instruments, including:

• Cryptocurrencies: Trading options for popular cryptocurrencies.
• Commodities: Including a range of precious metals like gold, silver, platinum, and palladium.

Special Services or Unique Advantages

A-Mark distinguishes itself through its extensive experience in the precious metals market, offering services such as:

• Collateralized loans: Providing financing solutions to help clients meet liquidity needs.
• Logistics and storage: State-of-the-art facilities for the secure storage of precious metals.

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Regulatory and Legal Background

Detailed Regulatory Information

A-Mark operates under the oversight of several regulatory bodies, including:

• U.S. Securities and Exchange Commission (SEC)
• Commodity Futures Trading Commission (CFTC)

Legal Entity Structure by Region

A-Mark is structured as a corporation in the United States, operating through various subsidiaries to facilitate its global operations. Specific subsidiary structures by region are not detailed in the available information.

Client Fund Protection Measures

A-Mark implements strict measures to protect client funds, including secure storage solutions and compliance with regulatory requirements to ensure the safety of investments.

Countries/Regions Served

The company serves a diverse clientele across multiple regions, including North America, Europe, Asia, Africa, and Australia, providing a wide range of precious metals products and services.

Compliance History

A-Mark has maintained a strong compliance record, adhering to the regulations set forth by relevant authorities. The company continually updates its practices to align with industry standards and regulatory changes.

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Competitive Landscape

3-5 Main Competitors

A-Mark operates in a competitive landscape, with key competitors including:

• Kitco: A well-known precious metals retailer and information source.
• APMEX: A major online precious metals dealer.
• JM Bullion: A significant player in the online precious metals market.

Positioning in the Industry

A-Mark positions itself as a leading full-service precious metals trading company, emphasizing its extensive experience and comprehensive range of products and services.

Market Differentiation Factors

A-Mark differentiates itself through:

• Diverse service offerings: Including wholesale and retail trading, logistics, and collateralized lending.
• Strong customer relationships: Built on a foundation of trust and exceptional service.
• Advanced trading technology: Facilitating a seamless trading experience for clients.

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In conclusion, A-Mark Precious Metals, Inc. (AMRK) stands out as a reputable player in the precious metals trading industry. With a rich history, diverse service offerings, and a commitment to compliance and customer satisfaction, the company is well-positioned for continued growth in the evolving financial landscape.

For further information about A-Mark Precious Metals, you can learn more.