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BNP Paribas launches 24 hour energy futures and options brokerage service

  • 27.02.2001
BNP Paribas is pleased to announce it has commenced a 24 hour energy futures and options brokerage service via its subsidiary BNP Paribas Commodity Futures.

The commodity futures and options markets have commenced a transition to electronic platforms which will drive markets towards a seamless 24 hour environment. Through its position as market leader in this business, BNP Paribas intends to lead this transition and enhance its capacity to serve clients worldwide, 24 hours a day.

Commenting on this initiative, Jonathan Arginteanu, Global Head of Commodity Brokerage said, "Energy & Commodities is a core activity of the BNP Paribas Group. This initiative strengthens our ability to provide our clients with a comprehensive around the clock range of products and services".

BNP Paribas Commodity Futures is a specialist subsidiary, within BNP Paribas' Energy and Commodities business line. This activity began in 1985 with the mandate to act as an institutional commodity futures and options broker. Its clients include state organisations, industrial, financial, and trading companies. The activity employs 75 staff divided between New York and London and is the only brokerage company dedicated exclusively to commodity markets.
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For further information please contact:
Edwina Frawley, Corporate Communications, +44 207 595 2215