Fortis Bank has appointed James Stoker as Sales Manager of Fortis Bank Global Clearing in Frankfurt. Stoker started his career in sales of securities trading systems at OM Germany GmbH, where he was responsible for generating new business for the Order Routing/Management products in Germany, Austria and Switzerland. In addition, he was also responsible for the sales of Repo and Securities Lending systems. From 2003 onwards he was employed by GL Trade AG as Senior Sales Executive, being in charge of the sale of a complete range of STP solutions as well as the business strategy and development for Poland.
“James will be our sales representative in Frankfurt for Clearing Services,” says Jan Bart de Boer, Global Director of Sales. “He will work in Germany, Switzerland, Austria and Eastern European countries to focus on sales for our Global Clearing Services. James has been working in Frankfurt for a long time and his professional experience will help expand our global presence”.
Fortis Bank is one of the largest third party clearers in Europe, Asia/Pacific and the US and offers clearing services for the derivatives, equities, bonds, commodities and OTC markets. In over 20 markets Fortis Bank has a General Clearing Membership (GCM) enabling this service to be offered directly. In other markets it uses local service providers. Fortis Bank administers both financial and non-financial, exchange traded and OTC derivative products and offers settlement services for underlying products. Fortis Bank also performs services related to underlying assets, finances derivatives and securities positions, and manages the accompanying risks.