R.J. O'Brien Launches Futures Operation in Canada

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Feb 04, 2010, 10:00 ET

WINNIPEG, Manitoba, Feb. 4 /PRNewswire/ -- R.J. O'Brien & Associates (RJO), the largest independent futures brokerage firm in the United States, announced today that it has been admitted to membership in the Investment Industry Regulatory Organization of Canada (IIROC), enabling the firm to open R.J. O'Brien & Associates Canada Inc. in Winnipeg, Manitoba. The regulatory approval marks the first time the nearly 100-year-old firm is operating a subsidiary in Canada.

Robert Dzisiak, Chief Executive Officer and President of RJO Canada, said: "We are ready to begin building our client base here, and we are committed to meeting the risk management and investment needs of institutional, individual and commercial Canadian clients." Dzisiak has extensive experience in the futures industry in Canada, starting and operating the Canadian operation of several major futures brokerage firms and serving as Chairman of the Winnipeg Commodity Exchange from 2002 to 2003.

Gerry Corcoran, Chief Executive Officer of RJO, said: "We are very pleased to have approval to expand our current offering into Canada as part of our initiative to build our business globally. We've seen significant demand for clearing services there, and RJO looks forward to bringing clients in the region our top-of-class service, state-of-the-art technology and comprehensive futures offering."

About R.J. O'Brien

Founded in 1914, RJO is the largest independent futures brokerage firm in the United States. A privately owned, full-service futures commission merchant (FCM), RJO is a full clearing member of the CME Group (including the Chicago Board of Trade and New York Mercantile Exchange); ICE Futures U.S.; ICE Futures Europe; Eurex AG; EuronextLIFFE and Chicago Climate Exchange. The firm offers state-of-the-art electronic trading technology and 24-hour trade execution on every futures exchange worldwide. Clearing more than 80,000 client accounts, RJO services a global network of more than 290 introducing brokers and many of the world's largest financial, industrial and agricultural institutions.

For more information, please visit www.rjobrien.com.

SOURCE R.J. O'Brien & Associates