Local investment company Calamatta Cuschieri & Co. Ltd has been granted a Category 3 Licence by the Malta Financial Services Authority. This distinctive licence gives the company full rights to deal directly on their own account in international bond markets.

Business Development director Alan Cuschieri explained: “As long-established participants in the market, the licence upgrade will allow the company to benefit from direct dealing with international market makers. This will ensure that our clients will receive the best execution possible at all times and consolidate our position as one of the leaders in the local financial

services market.”

The company has also appointed Michael Galea to be responsible for this new business arm as Treasury Operations head. Mr Galea holds an MBA and B.Com (Hons) Banking & Finance degrees from the University of Malta and joins Calamatta Cuschieri from Mediterranean Bank plc, where he headed the Markets and Investments Division.

As one of Malta’s largest investment advisory and stock-broking firms, that pioneered the local industry as early as 1972, Calamatta Cuschieri enjoys an objective and global perspective, encompassing a wide spectrum of financial assets from bonds to shares, as well as currencies and structured products. With a philosophy to consistently serve its clients in an honest and personalised manner, the firm has grown from strength to strength, gaining an excellent reputation along the way.

Calamatta Cuschieri & Co Ltd is licensed to conduct investment

services business by the Malta Financial Services Authority and is a founding member of the Malta Stock Exchange.