The addition of a US equities clearing capability is an integral factor in our global prime brokerage offering and further positions Fimat for the continued convergence of cash and derivatives markets, said Cynthia Zeltwanger, CEO of Fimat USA. The institutional trading community in the US and abroad will ultimately benefit from the added clearing, technological and industry expertise that this deal brings into play.
The new structure is expected to enable an integration with the current Fimat USA equity business, which was launched in April 2002, to provide listed equities option business.
