provides execution and clearing services for exchange-traded derivatives; and brokerage services in the fixed income and foreign exchange markets in the United States, Bermuda, and the United Kingdom.
It executes and clears customers' orders for exchange-traded derivatives.
The company’s customers use derivatives brokerage and clearing platform to place buy and sell orders for derivatives contracts, which are directed to the appropriate exchange for matching.
Refco offers prime brokerage services, including execution, clearing, securities financing, securities lending, custody, and trade processing.
It provides these prime brokerage services primarily in the U.
S. Treasury securities, foreign exchange, and non-dollar fixed income markets.
As of April 8, 2005, the company served approximately 200,000 customer accounts from its 23 locations in 14 countries.
Its customers include corporations, government agencies, hedge funds, managed futures funds, pension funds, financial institutions, retail clients, and professional traders.
The company is headquartered in New York City.
