ADMIS Europe – Business Organisation
General
ADM Investor Services Europe (ADMIS Europe) facilitates trading in futures contracts for mainly agricultural commodities to professional clients. ADMIS Europe is a private limited company licensed by the Netherlands Authority for the Financial Markets (AFM) and is registered as an investment firm in the register referred to in Article 2:96 of the Financial Supervision Act (Wet op het financieel toezicht, Wft). This licence permits ADMIS Europe to provide investment services as defined in Article 1:1 of the Wft, specifically elements (a) and (b).
The licence grants ADMIS Europe the right to receive and transmit client orders and to execute orders on behalf of clients (“execution only”). ADMIS Europe exclusively handles investments on behalf of its clients and does not act on its own account. ADMIS Europe is a wholly owned subsidiary of Archer Daniels Midland (UK) Limited and indirectly is a wholly owned subsidiary of the Archer Daniels Midland Company (ADM).
Management
The board is responsible for the day-to-day operations of ADMIS Europe, including devising and executing strategy, financial administration, and reporting. The board is also accountable for implementing a controlled risk management policy.
Publication
ADMIS Europe publishes its annual accounts, annual report, and other required disclosures, as specified in Article 4:85 of the Financial Supervision Act, within six months of the end of the financial year. These documents are also filed with the Chamber of Commerce.
This explanation fulfils the requirements of Article 31g of the Decree on the Conduct of Business Supervision of Financial Undertakings under the Wft (Besluit Gedragstoezicht financiële ondernemingen Wft).
Authorised and regulated by the Dutch Authority for the Financial Markets (AFM) |
Registered Office: Middendreef 281, 8233 GT Lelystad, The Netherlands. 25086