TORONTO, NEW YORK, SINGAPORE AND LONDON, Feb. 11, 2014 /CNW/ - TD Securities announced today that its U.S. dealer, TD Securities (USA) LLC, has been designated a Primary Dealer by the Federal Reserve Bank of New York.
"TD Securities provides best-in-class research and analysis to our clients and we're thrilled to now provide that level of support to the New York Fed's trading desk in its execution of monetary policy." said Bob Dorrance, President and CEO of TD Securities. "The Primary Dealer designation aligns well with TD's North American footprint and TD Securities' growth strategy into the U.S. fixed income market."
"We're excited at TD to join the group of Primary Dealers trading directly with the Federal Reserve Bank of New York." said Mike Donnelly, Global Head, Fixed Income Sales & Trading, TD Securities who is based in New York.
About TD Securities
TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients who choose us for our knowledge, research, innovation and experience in the following key areas of finance: investment, corporate and government banking, capital markets, interest rate, currency and derivative products. TD Securities works with clients around the world and our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs. To learn more about TD Securities, visit www.tdsecurities.com.
SOURCE: TD Securities Inc.
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