Municipals underwritten by Jefferies now available through E*Trade

By Wendy Van Sickle

Columbus, Ohio, Nov. 12 – E*Trade Financial Corp. and Jefferies LLC formed an alliance to provide E*Trade customers with access to Jefferies’ underwritings of municipal securities, according to a press release.

Through this relationship, E*Trade customers have access to offerings originated by the Jefferies Municipal Securities platform.

This builds on both firms’ current alliance, in which E*Trade customers have access to Jefferies’ underwritings of U.S. initial public offerings and follow-on equity offerings, in place since January 2014, according to the release.

E*Trade is a New York-based financial services company.

Jefferies is an investment banking firm with headquarters in New York City.

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