Société Générale and Calyon have signed an agreement to merge their futures and options brokerages, Fimat and Calyon Financial.
Fimat, a brokerage and part of the Société Générale group, has moved its Asia foreign-exchange execution team from Chicago to Sydney.
Paris-based banks Calyon and Société Générale confirmed they plan to merge their futures and options brokering subsidiaries, Calyon Financial and Fimat.
Weather broker Dan Parker left brokerage Fimat in mid-October, having joined the company earlier this year. He says he is currently “on the sidelines”, considering his next move. Fimat declined to comment on Parker’s departure.
The stage is set for a central counterparty clearing (CCP) system for foreign exchange as two potential providers moved their plans forward last week, reports RiskNews' sister publication, FX Week .
Fimat Group, the brokerage arm of SG, has launched the Fimat Volatility Arbitrage Median (FVAM) to represent the performance of various funds following volatility arbitrage strategies, reports Risknews ' sister publication FX Week .
Broker Fimat’s UK trading arm is the first European customer for the Hybrid Trading System (HyTS), a joint offering from Belzberg Technologies and the Chicago Board Options Exchange (CBOE), reports Risk's sister publication Trading Technology Week...
Fimat, the retail brokerage arm of French bank Société Générale, has launched a new over-the-counter brokerage service in Japan offering Nikkei options and single stock options.
Fimat, the brokerage arm of French investment bank SG, shed four staff from its US dealing team earlier in August, sources close to the company told RiskNews ' sister publication FX Week .
Fimat Group, the brokerage arm of French investment bank SG, is developing new exchange-related foreign exchange futures contracts in eastern Europe to widen its currency product portfolio for its institutional client base.
German mortgage bank Eurohypo has bought Paris-based Fermat’s risk management suite for regulatory risk, credit risk and asset and liability management.
Instant messaging and e-mail are critical tools for traders. But the need to oversee and archive the huge volumes of data they create has become a serious operational risk issue for broker-dealers. Clive Davidson examines the ways firms are dealing with...
International derivatives brokerage house, Fimat, has named Cynthia Zeltwanger, former general manager of the company’s Chicago office and chief operating officer of the US business, as the new chief executive of Fimat USA.
Fimat Group, the brokerage arm of French bank Société Généralé, has promoted a number of its staff in the Asia-Pacific, in a move aimed at reinforcing its position in the region.
A fault in the system of Swedish software company, OM Gruppen, was to blame for a temporary failure of the Hong Kong Exchanges and Clearings’ (HKEx) futures and options trading system last Thursday, the exchange has revealed.
Fimat, the brokerage subsidiary of Société Générale, plans to launch what it claims will be the first volatility arbitrage strategies index by the end of the first quarter.
Fimat Global Fund Services, the prime brokerage arm of Fimat International Banque, plans to add to the growing number of hedge fund indexes in the market with the launch of a volatility arbitrage hedge fund index in the next few weeks.
The regulatory division of Canada’s Bourse de Montréal has fined Fimat Derivatives Canada C$1,000 after one of its employees entered an electronic order before obtaining approval to work as a trader.
In anticipation of an activity surge in commodity derivatives trading by Hong Kong investors, the Hong Kong arm of international brokerage firm Fimat plans to establish a dedicated commodity trading desk by the end of the year, according to Emmanuel Faure,...
Egar Technology, a risk management systems vendor set up to hedge funds, banks and commodity risk managers, has secured $1.5 million in funding from World Bank private sector investment arm, the International Finance Corporation (IFC), and $1 million...
Fimat Group, Société Générale’s brokerage subsidiary, has formed a New York-based Financial Services Group (FSG) to increase its presence in the alternative investment community.
The Fimat Group, a brokerage unit of Société Générale, has launched a new customisable version of its Web-based customer interface system, Fimacis.