Macquarie expands North American futures trading capability

Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced the launch of a Canadian futures business as part of its North American futures franchise. The new business comprises a team of senior sales professionals who bring expertise in all aspects of listed derivatives marketing, business development, sales and compliance. 

The sales office will provide services to Canadian corporate and institutional clients across the full spectrum of Financial, Commodity and Foreign-exchange Futures and Options. Together with Macquarie’s corporate advisory and equity markets teams, the sales office further expands Macquarie’s presence in Montreal, and will operate under the firm’s Canadian investment dealer, Macquarie Capital Markets Canada Ltd. 

The team is led by Stephane Rozier, who most recently served as President and CEO of MF Global Canada. Prior to MF Global, he was the Director of Sales for Fimat Canada. 

“We are excited to expand our geographic reach to Canada through the addition of a highly experienced team. The new sales office is a key strategic addition to our global futures offering, and the Montreal team has a tremendous depth of experience in transacting listed derivatives for a wide range of institutional clients throughout Canada,” said Bill Marynissen, Executive Director and Global Head of Macquarie’s Futures business. “Together with Macquarie Futures USA Inc., the team forms part of the firm’s global futures franchise, extending the firm’s existing North American listed derivative capability beyond New York and Chicago.” 

The establishment of a Montreal-based listed derivatives sales effort follows the firm’s recent appointment of Tom Caracciola in October 2011 as Head of Macquarie Futures USA Inc.