
Jefferies Expands Foreign Exchange Brokerage Capabilities with Acquisition of Faros Trading from FXCM
Fred Orlan, Global Head of Fixed Income at Jefferies, stated: “We are very pleased to expand our capabilities in foreign exchange. With major changes in these markets, we believe that there 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 to provide clients with a full-service macro offering.”
Jefferies, the global investment banking firm focused on serving clients for over 50 years, is a leader in providing 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 equities, 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 of Leucadia National Corporation (NYSE:LUK), a diversified holding company.
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Jefferies
Richard Khaleel
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rkhaleel@jefferies.com
This news is a press release provided by Jefferies Group LLC.