Fimat Canada Inc. is launching an inter-dealer brokerage business in Canada.

Fimat Canada said its Toronto Capital Markets Group will focus on government bonds, swaps, forward rate agreements, repos and futures and options. The firm will engage in OTC derivatives and repo name give-up business and will also be able to act as principal for cash trades to serve the Canadian dealer community. Fimat Canada is part of Société Générale Group’s Fimat Group.

“Our inter-dealer brokerage operation will further broaden the suite of products and services that we are able to offer market participants,” Jean-Pierre Gallardo, CEO of Fimat Canada, said in a statement. “Fimat Canada continues the expansion of our business lines into new asset classes as we anticipate and respond to the needs of our clients – in this case, the Canadian dealer community.”

Fimat’s TCMG is headed by Tim Anastakis. Anastakis has more than 17 years of trading and brokerage experience in Canadian fixed income and derivatives markets and is joined by Jerry Summers with eight years of government bond broking, fixed income and futures trading experience; David Whealy with more than 20 years of trading and brokerage experience; Stacy Hart, who has more than 20 years of knowledge in the repo market; and Michael Doane, who joined with more than 10 years of government bond brokering experience.