1882 – Mr. George Agrafiotis appointed broker in the Athens Stock Exchange.

1932 – Mr. Nikolaos Kapitzoglou, groom of G. Agrafiotis, appointed broker in the Athens Stock Exchange.

1968 – Mr. Elias Petropoulakis, groom of N. Kapitzoglou, appointed broker in the Athens Stock Exchange.

1974 – Mr. Athanasios Papakonstantinou appointed broker in the Athens Stock Exchange.

1990 - Midas Securities S.A. founded by Mr. Athanasios Papakonstantinou

1996 - Petropoulakis Securities S.A. founded by Mr. Elias Petropoulakis.

1999 - MERIT Securities S.A. founded by Mr. George Sarantitis.

2008 - Petropoulakis Securities passes on to 4th generation Mr. Nikolaos El. Petropoulakis.

2012 - Midas Securities passes on to 2nd generation Mr. Leonidas Ath. Papakonstantinou.

2017 - MERIT, MIDAS and PETROPOULAKIS Securities proceed to the first triple merger of brokerage firms into MERIT SECURITIES INVESTMENT SERVICES S.A. (MERIT SECURITIES AEPEY)

The new company has strong financial foundations and a broad customer base. It collaborates and employs more than 40 fully qualified and experienced professionals aiming to serve the investment needs of more than 15,000 investors, with a capital level exceeding € 100m.

The activities of Merit Securities AEPEY, based on its license, include:

  • Investment Services in the Athens Exchange – Stocks and Derivatives Market (ATHEX)
  • Transactions in foreign markets (shares, derivatives)
  • Fixed Income Transactions
  • Advisory and Discretionary Asset Management
  • Market Maker Services in the ATHEX
  • Research & Analysis Services
  • Corporate Finance

No. License by the Hellenic Capital Market Commission: 4/159 / 18.5.1999.

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