LONDON & NEW YORK--(BUSINESS WIRE)--Jefferies announced today that the Dutch State Treasury Agency has appointed Jefferies as a Primary Dealer, effective 1 January 2010. With this designation, Jefferies will participate in all Dutch Treasury agency offerings. This announcement brings the total number of primary dealer firms in the Dutch State Treasury Agency to fifteen.
“We are pleased to announce our appointment as a Primary Dealer by the Dutch State Treasury Agency and see this as an important milestone in the build-out of our European Rates platform and the expansion of our global Rates business,” commented Tim Cronin, Global Head of Fixed Income at Jefferies.
Jefferies is an active market maker in USD-, Euro- and GBP-denominated government bonds. In addition to a successful completion of the rigorous and competitive selection process for trading the highly-rated securities of the Dutch State Treasury, last week Jefferies was appointed as a primary dealer or GEMM (Gilt-edged Market Maker) in the UK, and in October the firm was designated as a member of the bidding group for government bonds in Germany. Similarly, Jefferies was designated a US Primary Dealer by The Federal Reserve Bank of New York in June. Domenico Crapanzano joined Jefferies in September from Dresdner Kleinwort to lead the European Rates business for Jefferies in London, and most recently David Owen joined as Jefferies’ Chief European Financial Economist.
Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 45 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UK-incorporated company, is authorised and regulated by the UK Financial Services Authority.