|By Marketwired .||
|April 29, 2014 01:35 PM EDT||
MIAMI, FL -- (Marketwired) -- 04/29/14 -- Southern Trust Securities, Inc. (STS) (PINKSHEETS: SOHL), a financial services company offering broker-dealer, investment banking, investment advisory and wealth management services, announced today a Strategic Alliance with Global Strategic Investments, LLC (GSI), a broker-dealer, FINRA and SIPC member.
Specifically, STS and GSI will share GSI's trading facilities and platform for fixed income trading. Benefits will accrue to both entities from the initial transaction by reducing transaction costs and increasing volume. STS will have access to GSI's sophisticated international platform in which to better serve STS' offshore clients.
GSI will benefit from access to STS' products not currently offered by GSI's platform including, but not limited to municipal bonds, futures/commodities and precious metals as well as investment banking opportunities.
STS's Robert Escobio commented, "We are excited about moving forward in our relationship with GSI and believe this is a first step to dramatically grow both GSI and STS."
Commented Orlando Medellin CEO of GSI, "We are pleased with the strategic alliance with STS and are confident this will be a first step to accomplishing the growth of both entities. The synergy is there, as is the management and market experience of both entities."
About Southern Trust Securities, Inc. (STS)
STS is a financial services company offering securities brokerage, investment banking, asset management and private wealth management for a growing base of retail and institutional, corporate, and high-net-worth clients primarily in Latin America and Europe. STS services include access to international investment opportunities in U.S. and foreign capital markets, offshore entities for financial planning, and cross-border transactions, including private placements, bridge financing and reverse mergers into publicly-traded shell corporations.
About Global Strategic Investments LLC (GSI)
GSI is a financial services company offering securities brokerage, investment banking, asset management and private wealth management for a growing base of retail and institutional, corporate, and high-net-worth clients primarily in Latin America.
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Corporation's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Except as otherwise required by federal securities laws, the Corporation undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.
Southern Trust Securities, Inc.
Global Strategic Investments, LLC