TD Securities Adds European Corporate Trading to its International Fixed Income Business

TORONTO, Oct. 4 /CNW/ - TD Securities, the investment dealer arm of TD Bank Financial Group, is pleased to announce the expansion of its International Fixed Income Business. Based in London, the European Corporate Trading Team will trade over 250 different investment grade credits, representing a broad range of sectors, including corporates and financials.

TD Securities is a leading dollar-block currency trader and adding a European Corporate Trading team allows the firm to further diversify its product offering to better serve its global clients.

"Our European Corporate Trading team will add breadth and depth to our successful Fixed Income business," said Moti Jungreis, Global Head of Currency Trading and International Fixed Income. "Adding the capability to trade Euro-denominated corporate bonds means that we're continuing to grow and strengthen our currency franchise."

The TD Securities European Corporate Trading team is led by Michael Murphy, Michael Wojtowicz and James Darwin, and brings significant industry experience to TD Securities. The Team Leaders working most recently at Collins Stewart and, previously, BNP Paribas and Barclays Capital.

"Our team has significant experience across different areas of credit trading. Their expertise will allow us to better serve and grow our increasingly global client base," added Jungreis.

About TD Bank Financial Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves more than 18 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading online financial services firms, with more than 6 million online customers. TD Bank Financial Group had CDN$603 billion in assets on July 31, 2010. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.