Warning against Global International Trading

The Netherlands Authority for the Financial Markets (AFM) is warning consumers not to respond to offers from Global International Trading to buy or sell shares. The AFM suspects that what is involved here is a so-called boiler-room.

A 'boiler-room' is involved in the telephone sale of shares in an aggressive and persistent manner. The offered shares are often worthless or do not even exist. The boiler-room, however, presents itself as a reliable stock broker and makes use of documents and a website that appear trustworthy. Global International Trading has its registered office, according to its own website www.globalinternationaltrading.com, at the following address:

4-3-1 Toranomon, Minato Ku, Tokyo 105-6027, Japan.

Global International Trading's telephone and fax number are, according to its website: +81-50-5809-3362 and +81-3-4496-6328.

The AFM advises consumers, who wish to do business with an institution or person, to check the relevant register on the AFM's website in advance to verify whether the relevant institution or person is registered and is authorised to provide investment services in the Netherlands.

The AFM also urgently advises consumers to check the warning lists in advance. www.afm.nl/waarschuwingslijsten shows two AFM warning lists. (1) AFM warning list. This list shows institutions and persons who do not have a licence while they should have one according to the law. It also lists institutions that do not provide a prospectus with their securities, while they are required to do so by law. (2) Foreign warning list. This list includes institutions against which foreign supervisors have issued a warning.

Consumers with questions or comments can also contact the Financial Markets Information Line on: 0900-5400 540 (5 eurocents per minute).