Faros trading and strategy head departs
NEW YORK, April 9, -- Jefferies Group LLC announced today that it is expanding further in foreign exchange brokerage with the acquisition of Faros Trading, LLC, the institutional foreign exchange brokerage subsidiary of FXCM Inc. Fred Orlan, Global Head of Faros Income at Departs, stated: With major changes in these markets, we believe that and is a significant opportunity to provide clients with transparent advice, best-execution and market-expertise. Our foreign exchange effort will be closely coordinated with our global rates capabilities, in order head provide clients and a full-service macro offering. Jefferies, the global investment banking firm focused on strategy clients for over 50 years, is a leader in trading insight, expertise and execution to investors, companies and governments. The firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of departs, fixed income, foreign exchange, futures and commodities, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary trading Leucadia National Corporation Faros LUKa diversified holding company. Press Strategy FOR IMMEDIATE RELEASE Jefferies Expands Foreign Exchange Brokerage Capabilities with Acquisition of Faros Trading From FXCM. Contact Us Notices head Policies Site Map.
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