The International Capital Market Association (ICMA) says that three financial institutions have recently joined the Association’s global membership. ICMA is the self-regulatory organisation and trade association representing constituents and practitioners in the international capital market worldwide. The new members are:
– ETC Pollak, France
– Plenum Securities, Switzerland
– Solidus Securities S.A., Greece
“Joining ICMA was an easy decision for ETC, quite simply all our international counterparties are members and we wanted the credibility and recognition that membership of the Association brings,” says Marion Lesage, the Head of Fixed Income at ETC Pollak.
“For Plenum the access to the Association’s Global Master Repurchase Agreement and particularly the legal opinions is a significant benefit of our membership,” adds Marcel Loetscher, the Group Legal Counsel at Plenum Securities Ltd.
“In the face of a rapidly evolving European capital market, it was important for Solidus to be involved and kept abreast of vital issues we face today,” added Elias Vongelis, the General Manager at Solidus Securities. “Through ICMA, we have the opportunity to both participate in discussions and benefit from its advocacy efforts in the market.”
ICMA’s member firms are located in 48 countries across the globe, including all the world’s main financial centres, and currently number some 400 financial institutions in total. ICMA is committed to encouraging development of the capital market through enlarging its representation of all capital market constituencies.
Membership is open to asset managers, exchanges, central banks, regulators, trade bodies, major issuers and other capital market participants as well as to banks.