{"id":21544,"date":"2020-05-14T10:05:20","date_gmt":"2020-05-14T09:05:20","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=21544"},"modified":"2020-05-14T11:22:14","modified_gmt":"2020-05-14T10:22:14","slug":"societe-generale-finalises-the-acquisition-of-commerzbanks-equity-markets-and-commodities-activities","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/societe-generale-finalises-the-acquisition-of-commerzbanks-equity-markets-and-commodities-activities\/","title":{"rendered":"Societe Generale finalises the acquisition of Commerzbank&#8217;s Equity Markets and Commodities activities"},"content":{"rendered":"<p style=\"text-align: justify;\">Societe Generale announces the finalisation of the acquisition of the Commerzbank\u2019s Equity Markets and Commodities\u2019 (EMC) business with the integration of the exchange-traded investment solutions &#8230;<\/p>\n<p><!--more--><\/p>\n<p><a href=\"\/newsletter\" class=\"broken_link\"><strong>Sign up to our free newsletters<\/strong><\/a><\/p>\n<hr \/>\n<p><strong>Jean-Fran\u00e7ois Gr\u00e9goire, Head of Global Market at Societe Generale<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>It covers the activities of ETF market-making, which consists of ensuring the market liquidity for ETFs issuers and of executing orders for institutional clients, as well as the listed investment products offered to sophisticated retail investors, such as warrants and certificates.<\/strong><\/p>\n<p style=\"text-align: justify;\">The transfer of EMC\u2019s flow trading books including the exchange-traded product range, the market making\u2019s and product issuance\u2019s systems is now completed. With the combination of Societe Generale\u2019 strengths in cross asset derivatives and Commerzbank\u2019s leading expertise as exchange-traded products\u2019 provider and market maker, clients will benefit from an enlarged product range, diversified across multiple countries and asset classes, as well as enhanced services.<\/p>\n<p style=\"text-align: justify;\"><strong>It is the last step of the integration of EMC activities within Societe Generale which has taken place gradually from the 2nd quarter of 2019. The integration of Commerzbank\u2019s active and passive investment solutions, including the ComStage ETF range, was finalised end of last year within Lyxor with the launch of a new asset management branch in Germany.<\/strong><\/p>\n<p style=\"text-align: justify;\">Issuer of the first warrant on the Paris stock exchange in 1989 and with more than 30 years of know-how in derivatives, Societe Generale aims to offer an enriched range of services and flow investment products, well-suited to the needs of investors, by capitalising on its culture of innovation, its structuring capabilities and the established expertise of Commerzbank\u2019s teams on exchange traded products, especially in Germany.<\/p>\n<p style=\"text-align: justify;\">\u00ab In line with the Bank&#8217;s strategy to diversify its market business model by leveraging on its core franchises, the integration of these flow activities will allow us to reinforce our exchange-traded investment solutions\u2019 offer and our pan-European footprint, notably in the German exchange-traded products market, the most developed market in Europe. By combining our expertise, we position ourselves as key player in the exchange-traded products in Europe and in Asia where we are already among the market leaders \u00bb, commented <strong>Jean-Fran\u00e7ois Gr\u00e9goire, Head of Global Market at Societe Generale<\/strong>.<\/p>\n<p style=\"text-align: justify;\">\u00ab Present in the country since 1886, this integration will enable Societe Generale to reach a new scale in Germany by leveraging on Commerzbank\u2019s leading exchange-traded products franchise, its team and its state-of-the-art technology platform. With an enriched knowledge of the local market and integrated market making capabilities, the Bank today offers to German clients a wider range of products and services \u00bb, added <strong>Guido Zoeller, Group Country Head Germany &amp; Austria for Societe Generale<\/strong>.<\/p>\n<p>Quelle: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Societe Generale announces the finalisation of the acquisition of the Commerzbank\u2019s Equity Markets and Commodities\u2019 (EMC) business with the integration of the exchange-traded investment solutions &#8230;<\/p>\n","protected":false},"author":4,"featured_media":21546,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[4],"tags":[128],"class_list":["post-21544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-europe","tag-societe-generale"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/21544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=21544"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/21544\/revisions"}],"predecessor-version":[{"id":21547,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/21544\/revisions\/21547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/21546"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=21544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=21544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=21544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}