People

Weather broker Parker leaves Fimat

Published online only

Source: Risk magazine

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.

Settlement Risk

Rivals gear up for forex clearing

Published online only

Source: Risk magazine

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 .

Asset Management

Fimat launches volatility fund index

Published online only

Source: Risk magazine

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 .

Technology

Fimat's UK branch first to adopt Belzberg-CBOE system

Published online only

Source: Risk magazine

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 launches OTC brokerage in Tokyo

Published online only

Source: Risk magazine

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.

People

Forex dealers leave Fimat Chicago

Published online only

Source: Risk magazine

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 .

Exchanges

Fimat to launch foreign exchange futures in Poland

Published online only

Source: Risk magazine

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.