Fortis is delighted to announce the establishment of a Fortis Commodity Derivatives operation in New York, and a significant expansion of its team in London.
To improve the service provided to its global customers, Fortis Commodity Derivatives has hired eight senior base metals dealers in London and New York.
“These are two significant steps in the roll-out of our activities on a global scale,” says Ian Downes, Head of Fortis Commodity Derivatives. “The new hires will both strengthen our client servicing capabilities in London and allow us to establish activities in New York, thereby completing our target of a 24 hour book.”
Downes adds: “We are particularly pleased to have engaged the services of a metals team with an excellent customer-facing reputation, which fits well with Fortis overall customer intimacy strategy. Our Agri-commodities business will be built with our customers as our main focus and we will provide innovative structures to merchants, producers, consumers and the investment community which will enable them to effectively manage their risk.”