aaig holds a 4.6% interest in HALO Technologies Holdings following its IPO, which involved an allocation of HALO shares to aaig shareholders, reducing aaig’s previous interest in HALO.
Following the IPO, aaig has continued to provide staffing, resources and client referrals through various agreements between the two businesses - the Infrastructure Services Agreement, Marketing Services Agreement, ASR Referral Agreement and APSEC Referral Agreement.
HALO Technologies is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. HALO includes two distinct and integrated offerings in HALO Global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for ‘low-touch’ and ‘values based’ investors and SMSFs.
The business has a proven revenue model with growth momentum and established pathways for continued domestic client growth and global expansion. Revenue is earned through subscription sales, brokerage fees, foreign exchange conversion fees and management fees from its B2B and B2C client base.