Fidelity Clearing Canada has inked a deal to provide comprehensive back-office support, including securities execution and clearing, for Euro Pacific Canada, a newly-established full service IIROC-registered brokerage based in Toronto.
“Increasingly, broker-dealers are looking for the resources and scale of a global organization, such as Fidelity, along with the in-country expertise,” said William Henderson, CEO of Fidelity Clearing Canada. “We will continue to make significant investments in our technology and service offering, leveraging the best of Fidelity in the U.S., as part of our longstanding commitment to helping clients, such as Euro Pacific, meet their distinct business needs.”
Euro Pacific will have access to Fidelity’s dedicated client service, open-architecture brokerage technology platform and global trading capabilities. Euro Pacific provides investment banking, institutional sales and trading services as well as a full-service offering to the Canadian retail investing public.
“We have a particular focus on value based and commodity-focused investments and concentrate on those countries that show greater respect for economic fundamentals such as savings, production, and monetary discipline. It is precisely these differences in outlook that make Euro Pacific so unique,” said David Cusson, CEO of Euro Pacific Canada.