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This acquisition further expands our growing distribution network by over 500 clients, including banks, insurance companies, private debtfunds, mutual funds and private wealth managers,” said Anthony Di Ciollo, global head of fixed income at StoneX. Fixed income broker Octo Finances is in Paris.
Fundraising Merchant banking helps businesses raise funds from the public by issuing shares and debentures, rights issues of shares, preferential allotment of shares, private placement of shares and debentures, and other instruments. This service helps companies to raise the required funds from the public.
Octo Finances specialises in bond and convertible sales, debtcapitalmarkets, and credit research, serving clients including: banks, insurance companies, private debtfunds, mutual funds, and private wealth managers.
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