The purpose of the company is to hold and manage its own assets, in particular to trade in foreign currencies on its own account. The company may also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are directly related to it. The company may establish branches and subsidiaries in Switzerland and abroad. Furthermore, the company may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. The company may acquire, hold, manage and sell real estate.