Professional investors are investors, whom the investment services companies assume have sufficient experience, knowledge and expertise to make their own investment decisions and properly assess the associated risks. Professional investors are
- Companies, that act as a) investment service companies, b) other licensed or assigned financial institutions, c) insurance companies, d) collective investment funds and their management companies, e) pension funds and their management companies, f) companies within the meaning of Section 2a para. 1 (8), g) brokers and commodity derivative traders, h) other institutional investors whose main activity is not covered under letters a to g, who are subject to registration or regulatory approval domestically or abroad in order to act on the financial markets;
- Companies who are not subject to registration or regulatory approval within the meaning of number 1 which exceed at least two of the following three characteristics: a) 20,000,000 EUR balance sheet total, b) 40,000,000 EUR sales proceeds, c) 2,000,000 EUR equity;
- National and regional governments and public bodies that manage public debt;
- Central Banks, international and supranational institutions such as the World Bank, the International Monetary Fund, the European Central Bank and the European Investment Bank and other similar international organisations;
- Other institutional investors whose main activity is to invest in financial instruments, and facilities for the securitisation of assets and other financing transactions, not subject to institutional authorisation or supervision within the meaning of number 1.
They are considered as professional investors in relation to all financial instruments, investment services and securities ancillary services.
Private investors are investors who are not professional investors.
On fulfilment of at least two of the following three criteria a private investor can be classified as a professional investor. However, one prerequisite is the corresponding written agreement between the investors and FERI Trust GmbH:
- The investor has made an average of ten significant transactions per quarter during the last year on the market where financial instruments are traded for which he should be classified as a professional investor;
- The investor disposes of bank deposits and financial instruments for the value of more than 500,000 EUR;
- The investor has exercised a profession for at least a year on the capital market, which requires knowledge of the eligible transactions, investment services and securities ancillary services.
Only if the corresponding criteria are fulfilled and if there is a corresponding written agreement between them and FERI Trust GmbH, may private investors view the contents for professional investors and identify themselves as professional investors for the use of this website.