New York, December 2, 2014 – Thalēs Trading Solutions LLC (“Thalēs”) today announced that it has been selected by Jefferies LLC (“Jefferies”), a leading global investment banking firm, as a key technology partner to enhance and support its brokerage activities.
Thalēs, which has invested heavily in technology since its creation in 2012, has entered into a multi- year agreement with Jefferies. The agreement will equip Jefferies with an advanced web-based application to support its expanding client base in futures, options, and foreign exchange.
This partnership is seen as an important step for both firms.
“The alliance with Thalēs brings our clients cutting edge technology while still maintaining our unique brand and customer-first business model,” said Patrice Blanc, Jefferies Global Head of Futures.
Stephan Solomon, Chairman and Founding Partner of Thalēs, added “Since our launch, an important part of our business strategy has been to differentiate ourselves from the traditional Introducing Broker model. I’m very proud of this partnership because it reinforces an essential part of this vision by showcasing our technology.”
About Thalēs Trading Solutions LLC
Thalēs is a technology-driven derivatives brokerage and capital raising firm servicing institutional market participants. Our team is comprised of experienced practitioners joining from senior roles in prime brokerage, investment management, capital raising, technology, and operations, who are committed to helping our clients succeed. We deploy innovative technologies which, combined with our service platform and expertise, help our clients enhance their trading infrastructures and grow their assets under management. We believe that priority service, access to expert advice, operational mentorship, and automated workflow solutions are critical to the success of our brokerage clients. We help hedge funds shape their stories, refine their strategic plans, and develop the processes required to efficiently raise capital. Founded in 2012, Thalēs is headquartered in New York and has offices in Chicago.
Source: Thalēs Trading Solutions LLC
Marc Cohen | President / CEO
Thalēs Trading Solutions LLC
+1 (646) 664-0650