Message for Clients of SVS Securities. Read the message →
A message from ITI Capital on operations during COVID-19. Read the message →
Fraud Alert: Protect yourself Read the message →
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Now is the time for institutional multi-asset managers to invest in bitcoin

07 September 2020
Now is the time for institutional multi-asset managers to invest in bitcoin

via BTCE GY, the world’s first centrally cleared exchange traded product listed on the XETRA trading venue and ITI Capital, the EM-focused multi-asset Prime Broker that can block-trade BTCE GY

In uncertain times, Bitcoin is a hedge independent of the hegemony. 

The world is in flux, and the status quo is shifting before our eyes. As we grapple with so much economic uncertainty, we ask ourselves, ‘What is the new normal?' But with change comes opportunity. And investors can simultaneously capture opportunities created by increased digitization, and reposition their portfolios to help guard against the return of inflation, high-correlation between asset classes and unprecedented levels of debt. 

Enter Bitcoin, an investable store of value asset that operates independent of the traditional financial system. Professional investors who worry about fiscal profligacy and helicopter money should recognize the value in bitcoin's inherent scarcity — its hard-coded fixed supply makes it a compelling hedge against inflation.  Moreover, bitcoin, despite periods of volatility, has outperformed all major asset classes over 3-, 5-, and 10-year periods.  So if you're looking to capitalize on trends shaping ‘the new normal’, then consider investing in an asset that's global, generational, and digital via an instrument applicable to equity mandates.
 

The information contained in this should not be relied upon by retail investors or any other persons to make financial decisions and should not be construed as an offer, solicitation of an offer, or an inducement to buy or sell the BTCetc Bitcoin Exchange Traded Crypto (BTCE GY) or cryptocurrencies generally. ITI Capital is unable to offer services connected with BTCE GY to retail investors. While opinions stated are honestly held, they are not guarantees and should not be relied on. The information or opinions provided should not be taken as specific advice on the merits of any investment decision. Past performance of BTCetc is not a viable indication of future performance. Your capital is at risk when investing in BTCE GY or cryptocurrencies generally.

When providing investment services without advice (meaning that the suitability requirements do not apply) such as execution only services, ITI Capital as an FCA authorised and regulated firm will assess whether the financial instrument or service is deemed appropriate for you as a client.

ITI Capital Ltd is a registered company in England and Wales (registration no. 02926252), authorised and regulated in the UK by the FCA (registration no. 171487), and is a member of the London Stock Exchange.

Registered company in England and Wales Registration Number: 02926252 VAT No: 904 4506 46. FCA Registration No. 171487 ITI Capital Limited Level 33 Tower 42, 25 Old Broad Street, London EC2N 1HQ, UK

© iticapital.com, 1994—2020

A message from ITI Capital on operations during COVID-19

Dear Clients!

As COVID-19 (the coronavirus) continues to impact the global community, we want to assure you that during these volatile market conditions your assets and cash held with ITI Capital continue to be protected under CASS rules. As a firm, ITI remains well capitalised. In addition, we are doing what we can to continue providing you with the service you require from us.

In the build up to the recent events, ITI began implementing a multi staged BCP plan for all our critical functions globally. Based on guidelines from regulators and global health authorities, we have taken a number of steps to ensure business continuity and help halt the spread of COVID-19.

As ITI is a digital business, we have taken advantage of our investments in technology so that employees can work remotely in a safe and effective way. We have been coordinating efforts with our partners and suppliers so that the running of our platforms will not be impacted.

As part of our third-party impact assessment at this time, we have been advised by our bankers that any funds received in the form of cheque, is likely to be delayed and/or may not be settled. Therefore, for us to continue you to provide you with the highest level of support within our daily operations, we strongly suggest we use electronic fund transfers to send in any money you wish to be applied to your account. We have also instated strict travel policies and instructed all employees in how to conduct both external and internal meetings through digital tools.

As this is an unprecedented time for all of us, and the situation continues to evolve each day, we will continue to follow the situation closely, and update our approach and measures as required.

Message for Clients of SVS Securities

Updated 14/09/2020

ITI Capital is fully aware of its responsibilities in safeguarding client assets and the importance of onboarding new clients efficiently. Unfortunately, ITI has suffered certain technical problems during this on boarding process which has caused delays and regrets the anxiety and inconvenience this may have caused to those clients who tried to access their accounts. ITI is working hard to resolve these issues as quickly as possible and to increase staffing levels to support the higher call volumes from affected clients caused by the initial technical challenges.

We would like to make it clear that all assets, cash and investments are completely safe. The issue is one of data reconciliation not one concerning location of the assets, cash and investments. We are seeking to ensure all new accounts are reconciled as soon as possible. We are providing the FCA with regular updates and such information as they may require and are working round the clock with, our service providers to ensure that the problems with onboarding and reconciliation are quickly addressed. 

We would also like to thank clients for patience whilst we complete the migration process and will keep providing regular updates to all our customers. As previously communicated to SVS customers, they have the ability to call in and place orders over the phone with Dealers and ITI will honour the online rate. ITI will now place trades for all customers over the phone, subject to call-handling times during volatile markets, regardless of the status of the client’s registration. The client will be required to validate their personal information before the trade instruction is accepted.

Fraud Alert: Protect yourself

Fraudsters claim to be from a legitimate firm authorised by FCA. Fraudsters look for new ways to scam consumers, but one scam increasingly reported to us and to the FCA involves share scammers pretending to be from a regulated firm, who are authorised by FCA.

These scammers typically cold-call investors to promote shares, property or other investment opportunities that are non-tradable, worthless, overpriced or even non-existent.

A new tactic has seen fraudsters using the name, ‘firm registration number’ (FRN) and address of firms and individuals authorised by us to suggest they are genuine

This is what we call a ‘clone firm’.

ITI Capital Limited does NOT make unsolicited cold calls!

PROTECT YOURSELF

If you are offered unsolicited investment advice, discounted shares, a premium price for shares you own, or free company or research reports, you should take these steps before handing over any money:

To reduce the chance of falling victim to investment fraud, the FCA advises consumers to, at the very least:

1.Reject unsolicited investment offers whether made online, on social media or over the phone.

2.Before investing, check the FCA Register to see if the firm or individual you are dealing with is authorised and check the FCA Warning List of firms to avoid.

REPORT A SCAM

If you are approached about a share scam you should tell the FCA using the Share Fraud Reporting Form, where you can find out about the latest investment scams. You can also call the FCA Consumer Helpline on 0800 111 6768.

If you have already paid money to share fraudsters you should contact ActionFraud on 0300 123 2040 or use the ActionFraud Online Reporting Tool. For the latest information on coronavirus-related fraud you can follow Action Fraud on Twitter.

More detailed information on this or similar activity can be found on the FCA web site.

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