London, October 3rd, 2006
Fimat International Banque SA (UK Branch), one of the world's leading global brokerages and a wholly-owned subsidiary of Socit Gnrale, part of Socit Gnrale Securities Services, is strengthening its client offering with its entry into the brokerage market through its new membership on the Dubai Gold & Commodities Exchange ("DGCX").
The DGCX, the world's newest online commodities derivatives exchange, is the first international commodities derivatives market in the Middle East region and, therefore, the first in the critical time zone between the markets of Europe and the Far East.
Fimat Group, which is already a member of 44 derivatives exchanges and 19 stock exchanges worldwide, will now be able to provide clients with access to the fast growing Middle Eastern commodities markets, with a focus on the core countries of UAE, Qatar, Oman, Kuwait, Bahrain and Saudi Arabia.
"Dubai has historically been considered the centre for commodities trading not only in the Gulf but also in the Asian subcontinent and Africa," commented Patrice Blanc, Chairman & CEO, Fimat Group. "We are therefore delighted to add DGCX to our list of exchange memberships to further expand Fimat's international presence. By opening up the Middle Eastern markets to our clients we are yet again underlining our commitment to providing a truly global service."
-Ends-Notes to Editors
Societe Generale
Societe Generale is one of the largest financial services groups in the euro-zone. The Group employs more than 103,000 people worldwide in three key businesses:
Retail Banking & Financial Services: Societe Generale serves more than 20 million individual customers worldwide.
Global Investment Management & Services: Societe Generale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 2,000* billion, June 2006) and under management (EUR 397.2 billion, June 2006).
Corporate & Investment Banking: Societe Generale ranks among the leading banks worldwide in euro capital markets, derivatives and structured finance.
Societe Generale is included in the five major socially-responsible investment indexes.
www.socgen.com
* pro forma figures including UniCredit's Securities Services
Societe Generale Securities Services
Societe Generale Securities Services offers a full range of securities services in:
Execution, clearing, delivery and settlement
Securities back-office outsourcing services
Custody, trustee, fund and portfolio administration
Employee Share Plan Management
Societe Generale Securities Services currently ranks 3rd among securities custodians in Europe, and 10th worldwide with EUR 2,000 billion* in assets held. Through its subsidiary Euro-VL, Societe Generale Securities Services provides valuations for 3,832 funds* representing assets of EUR 366 billion*. Fimat, another Societe Generale Securities Services subsidiary, acts as broker for 6% of the clearing of international listed derivatives transactions on the major markets for which Fimat is a member. Societe Generale Securities Services ranks among the European leaders in stock option management, serving more than 451,000 beneficiaries.
Societe Generale Securities Services employs more than 4,500 people* and has a presence on more than 30 financial marketplaces across Europe, the Americas and Asia Pacific.
Societe Generale Securities Services is part of SG Global Investment Management and Services (GIMS), one of the three key businesses of the Societe Generale Group, which also includes asset management (Societe Generale Asset Management), private banking (SG Private Banking) and on-line brokerage (Boursorama).
www.sg-securities-services.com
* pro forma figures including UniCredit's Securities Services
Fimat
Fimat is a subsidiary of Societe Generale Group and part of Societe Generale Securities Services. Fimat Group consists of more than 1,850 staff in 25 market places and is a member of 45 derivatives exchanges and 19 stock exchanges worldwide. In 2005, Fimat achieved a global market share of 5.3% on major derivatives exchanges on which Fimat and its subsidiaries are a member.
Fimat refers to all companies or divisions of companies owned directly or indirectly by Societe Generale that include the ''Fimat'' and/or "Cube" names. Only Fimat USA, LLC. and Fimat Preferred are members of the NASD (National Association of Securities Dealers) and SIPC (Securities Investors Protection Corporation). Fimat International Banque S.A. (UK Branch) is a member of the LSE and does not deal with, or for Private Customers (as defined by the Financial Services Authority). Fimat International Banque SA (Frankfurt Branch) only conducts business with market professionals and institutional customers. Only Fimat Canada Inc. is a member of the CIPF. Not all services are available from all Fimat organizations. Consult your local office for details. www.fimat.com
Contacts:
Head Office (Paris):
Madeleine Peragut,
(33) 1 55 07 21 18
UK:
Siobhan Janaway
(44) 20 7676 8051
Ian Williams,
Lansons Communications,
(44) 207 294 3686
USA:
Nachamah Jacobovits
(646) 557 8101
Mike Boccio,
Intermarket, Inc,
(212) 754-5461
Hong Kong:
Richard Louisgrand,
(852) 2848 3311
Sue Gourlay,
GolinHarris,
(852) 9522 0135
© Press Release 2006



















