User:CHRYSSO/sandbox

Overview N. Chryssochoidis Stock Brokerage I.S.S.A is one of the oldest members of the Athens Exchange and the largest non-banking Broker Dealer in Greece by measure of own capital. The Company was incorporated in 1990 as a successor to the Brokerage House of Nikos Chryssochoidis (1946 to 1978) and Georgios (George) Chryssochoidis (1978-1991) who were Stockbrokers, members of the Athens Stock Exchange. N. Chryssochoidis Stock Brokerage I.S.S.A. is a third generation family company with a long standing reputation for its quality and efficient services and devotion to safeguarding market integrity and transparency. The Company provides securities brokerage, trading and execution services for Hellenic and International equities and derivatives as well as advisory services for corporate institutions, retail and HNWI clients. Alongside brokerage, the firm provides custody, foreign exchange and margin lending facilities. The Company through its founder and successors has largely contributed to the evolution of the Hellenic Capital market and has received the Athens Exchange Award (28 September 2006) in recognition for the above. History The Company traces its roots to the cooperation of the founder Nikos Chryssochoidis with the prominent Athens Stockbroker Chryssanthos Chryssanthakopoulos in 1928. A child of Greek-Pontiac refugees from Pyrgos of East Romilia (now Burgas in Bulgaria), Nikos Chryssochoidis commenced his 50 year career as an Assistant Broker (Antikristis) to Chryssanthakopoulos. The Brokerage House survived the Hellenic State default of 1930-1931 and thrived in the subsequent years until business came to a halt following the German occupation of Greece and the closure of the Athens Stock Exchange. During that period Nikos Chryssochoidis twice attempted, though unsuccessfully, to be elected for a Stockbroker seat at the Athens Stock Exchange. Right after the war, Nikos Chryssochoidis finally attained full membership status (27 July 1946) and commenced his career as a Stockbroker. He closely cooperated with the Governing Committee of the Athens Stock Exchange and the Bank of Greece in their efforts to stabilize the local stock market. By the late sixties the Brokerage House of Nikos Chryssochoidis was one of the largest players of the Exchange. In 1978 (December 1978), Georgios Chryssochoidis, son of Nikos, was elected member of the Athens Stock Exchange and succeeded him in the helm of the family Brokerage House. An Economist and Statistician, Georgios Chryssochoidis led the House during the turbulent 1980’s decade and served as a member on the board of the Athens Stock Exchange Governing Committee (1980-1987), as well as Cashier and Vice President. By 1988, G. Chryssochoidis Brokerage House was one of the most active members by transaction volume in the Exchange and one of the first to automate their back office operations. On January 1991, the Brokerage House of G. Chryssochoidis was incorporated following the law that required the Stockbrokers to turn into S.A.s. Subsequently, N. Chryssochoidis Stock Brokerage S.A. was formed and the professor of Economics and Chairman of the Hellenic Industry Association, Haralambos Sepentzis was elected as first Chairman of the Board of Directors. Throughout the roaring 1990’s decade, the Company grew twentyfold and evolved into the largest non Banking Brokerage institution in the Hellenic Market, reaching the 12 million Euro mark in own capital. Following the privatization of the Athens Stock Exchange in 2001, N. Chryssochoidis Stock Brokerage S.A. acquired 0,5% of the newly formed pubic company- Hellenic Exchanges Group, thus becoming one of its major shareholders. In September 2006 within the celebration for the 130 years of the Athens Exchange and Chryssochoidis Brokerage House 60 years mark, the Chryssochoidis family and the Company were presented with the Athens Stock Exchange Award for their overall contribution to the evolution of the Hellenic Capital Market. The same year (November 2006) N. Chryssochoidis Stock Brokerage S.A. became member of the Athens Derivatives Exchange and the respective Derivatives Clearing House. By January 2007, Nikos Chryssochoidis, son of Georgios and grandson of the founder Nikos, took over the management of the Company as the third generation Stockbroker of the family. During this period he oversaw one more transformation of the Company, this time into an Investment Services S.A. following the implementation of the European Markets Directive (MiFID). Nikos, an economist from the University of Piraeus Greece and MBA in Finance and Organizational Strategy graduate from the University of Rochester NY Simon Business School, has served as the managing director of N. Chryssochoidis Stock Brokerage I.S.S.A. since 2004. Previously, Nikos has worked for DLJ (Donaldson Lufkin and Jenrette) and Credit Suisse First Boston Private Client Services Groups in Boston, New York and London. Nikos Chryssochoidis also serves as member of the Board of Directors of the Hellenic Exchanges Group since June 2007. Led by Nikos Chryssochoidis, the Company weathered the 2008 global crisis and the subsequent Hellenic debt crisis and expanded into the foreign equities trading business by becoming one of the first members of the Athens Exchange ‘XNet Network’ which facilitates trading and clearing in all the major world markets