NEW YORK, NY / ACCESSWIRE / November 13, 2023 / Equity Stock Transfer, LLC ("EST"), an SEC-registered stock transfer agent based in New York City today announced that it has deployed a fully operational Application Programming Interface ("API") to automate the transfer of securities from its software systems to and from Upstream, a MERJ Exchange market.
EST and Upstream have created an integrated suite of technology solutions that deliver an automated in-app solution allowing public company shareholders to transfer their shares between an issuer's primary listing exchange and Upstream.
Mohit Bhansali, co-founder, and CEO of Equity Stock Transfer, noted, "This is a tremendous accomplishment. We can now provide a valuable benefit to issuers who lack secondary trading liquidity by offering their valued shareholders a frictionless experience in depositing their shares from record ownership at EST directly onto Upstream for secondary trading."
"With a tap of a button, shareholders of Upstream issuers that have EST as their transfer agent may now transfer shares via EST to the Upstream secondary market for improved liquidity, price discovery, and instant trade-settlement," says Upstream co-creator Brian Collins. "This API collaboration with EST also allows non-U.S. shareholders to deposit shares for trading, where they may otherwise have struggled to deposit shares with U.S. brokers, as many brokers do not accept, deposit, clear or trade low-priced stocks, or stocks held by non-U.S. shareholders."
About Upstream:
Upstream, a MERJ Exchange market (https://merj.exchange/), is a global securities trading app. Powered by a proprietary, transparency-first, matching engine, Upstream allows investors outside of the U.S. to trade securities using just an app. For more information, please visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted.
For additional information, please contact [email protected].
About Equity Stock Transfer:
Equity Stock Transfer ("EST") is a New York City based SEC-registered and bonded full-service transfer agent and registrar formed by securities law professionals for publicly traded and private companies. EST provides a full suite of cap table management tools and offers proxy management, virtual shareholder meetings and online voting as well as various share depository and paying agent services for domestic and international clients. For over 10 years EST has provided unparalleled personal attention and technology for intelligent automation and customer service.
For additional information, please contact [email protected].
Disclaimers:
U.S. persons may not deposit, buy, or sell securities on Upstream.
This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. NFTs have no royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption or display purposes only. Anyone may buy and sell NFTs on Upstream. All orders for sale are non-solicited by Upstream and a user's decision to trade securities must be based on their own investment judgement.
Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency and member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, https://fsaseychelles.sc/, an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. U.S. persons may not deposit, buy, or sell securities on Upstream. There can be no assurance the valuation of any particular company's securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.
Forward-Looking Statements:
This communication contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
SOURCE: Horizon Fintex