Brokerage firm and futures commission merchant, Calyon Financial has opened a new Canadian headquarters in Toronto.
“With Canada’s strong resource economy, we see great opportunities to leverage Calyon Financial’s existing product strengths in areas like energy, metals, fixed income, alternative investments, and beyond,” said Richard Ferina, chairman and CEO of Calyon Financial. “Our Canadian customers played an important part in this expansion.”
Calyon Financial Canada Inc., a new legal entity which is regulated by the Investment Dealers Association of Canada (IDA), will be led by Kim Bolton. Bolton has more than 20 years of experience in the Canadian financial industry, most recently with CIBC Asset Management. He will lead a sales group that last year ranked No. 1 on the Montreal Exchange in Canadian interest rates futures contracts.
Calyon Financial’s expansion into Toronto marks the fifth new office the firm has launched since 2002. In 2003, the firm opened in Montreal. That office will now operate as a branch to the Toronto headquarters. In addition to its Canadian expansion, Calyon Financial established a presence in Bahrain in 2004 and Houston and Seoul in 2002. The firm’s other offices are concentrated in North America, Europe and Asia.