BNP Paribas has been selected to provide global trade processing services to ViewTrade Securities, Inc.
BNP Paribas will provide ViewTrade with correspondent clearing and custody services through its US-registered broker dealer BNP Paribas Securities Corp. In addition, ViewTrade have access to BNP Paribas clearing and custody services network in more than 80 countries. ViewTrade says it is a key strategic advantage considering its growing client base in Europe, the Middle East, Asia and South America.
After conducting a thorough evaluation of the market for correspondent clearing and custody service providers, BNP Paribas emerged as the outstanding choice based on its superior service offering, expertise and overall ability to meet our needs, says James StClair, president and co-founder of ViewTrade.
We are enthusiastic about exploring the joint opportunities that the BNP Paribas relationship presents to both our firm and to our global clientele, adds Robert Dombrowski, co-founder of ViewTrade.
Christina Feicht, BNP Paribas head of securities services, North America, adds: BNP Paribas is excited to have been appointed by ViewTrade to provide correspondent clearing services in the United States. Clearing is one of our flagship products and I am pleased that this is increasingly being recognized.