Thales Trading Solutions LLC ("Thales") 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.
Thales, 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 Thales 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 Thales, 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."