KUALA LUMPUR, Oct 21 -- Jefferies recently established a co-brand alliance with TISCO Securities Company Limited for the cash equities business in Thailand.
Under the arrangement, Jefferies will distribute equity research on companies in Thailand produced by TISCO Securities on a co-branded basis to Jefferies’ global client base.
According to a statement, TISCO Securities will provide local equity brokerage services to Jefferies and its international clients.
The alliance with TISCO enhances Jefferies’ growing equities franchise in Asia and is another step in Jefferies’ long-term investment in the region.
Jefferies Asia President, Murray Wilson said: “We are pleased to join forces with TISCO Securities in our commitment to continuously improve and expand Jefferies’ longstanding equity research, sales and trading business with an emphasis on serving the needs of our global investor client base.”
Jefferies has similar agreements with several firms throughout Asia, including Mandiri Sekuritas in Indonesia, KAF Securities in Malaysia, JB Securities in Sri Lanka and Fubon Securities in Taiwan.
TISCO Securities Company Limited is a long established and leading equity brokerage house in Thailand. Its country-based team offers research, sales and trading, corporate access trading and execution services to global and local institutional clients.
Jefferies Group LLC is the largest independent, global, full-service investment banking firm headquartered in the United States. It is a wholly-owned subsidiary of Jefferies Financial Group Inc, a diversified financial services company.
-- BERNAMA
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