Citi opens securities lending trading desk in Dublin
14 November 2012 Dublin
Image: Shutterstock
Citi has opened a securities lending trading desk in Dublin, as it expands its OpenLend capabilities in key cities and regions around the world.
The new desk will form part of an expanded Europe, Middle-East and Africa (EMEA) securities lending trading team, covering global equity lending, global fixed income lending and multi-currency reinvestment.
Gareth Mitchell, EMEA head of securities finance trading, who currently runs the London EMEA trading desk, will also manage the new Dublin venture.
David Martocci, global head of securities finance at Citi, said: 鈥淏y expanding our existing OpenLend capabilities to include a securities lending trading desk in Dublin, we are leveraging the importance of Ireland as a centre of excellence for financial services.鈥�
鈥淲e look forward to continuing to provide customised securities lending solutions to our clients that draw upon our global network and trading expertise across all asset classes. The addition of this new trading desk will add significant value to our already successful securities and fund services franchise in Ireland.鈥�
The new desk will form part of an expanded Europe, Middle-East and Africa (EMEA) securities lending trading team, covering global equity lending, global fixed income lending and multi-currency reinvestment.
Gareth Mitchell, EMEA head of securities finance trading, who currently runs the London EMEA trading desk, will also manage the new Dublin venture.
David Martocci, global head of securities finance at Citi, said: 鈥淏y expanding our existing OpenLend capabilities to include a securities lending trading desk in Dublin, we are leveraging the importance of Ireland as a centre of excellence for financial services.鈥�
鈥淲e look forward to continuing to provide customised securities lending solutions to our clients that draw upon our global network and trading expertise across all asset classes. The addition of this new trading desk will add significant value to our already successful securities and fund services franchise in Ireland.鈥�
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