TRADERS TANGOCommodity traders engage in buying and selling commodities in their simplest form (i.e. physical underlying) or more complex methods through derivatives contracts, sometimes with exotic payoffs. Commodities encompass a […]
electrum opens a permanent office in Geneva
November 20, 2023
The OCIM Group’s development continues with the opening of a permanent office in Geneva’s business district to house the Group’s financing and trading activities in the precious metals sector.
Located at Rue du Rhône 49, 1204 Geneva, the new space welcomes the teams of OCIM Metals & Mining, which specialises in financing mining activities, and those of electrum, a trading company active on the financial and precious metals markets. This new office brings the OCIM Group closer to its banking partners and major market counterparties as an integral part of Geneva’s institutional ecosystem. OCIM, a member of the Swiss Better Gold Association, is also registered with the Bureau du Contrôle des Métaux Précieux (BCMP), a division of the Swiss Federal Customs Administration.
While incorporated under Swiss law, both OCIM Metals & Mining and electrum will continue to be managed from the group’s French headquarters in Paris.
‘This particularly strategic move for the OCIM Group places us at the heart of one of the world’s leading precious metals trading centres. As such, it strengthens our ability to operate efficiently and autonomously across the sector’s entire value chain,’ shared Laurent Mathiot, Chairman & CEO of OCIM.
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