How STRIPS Trading Helped Clement Perrette Establish A Successful Career In The Financial Industry

Clement Perrette is a businessman in the financial industry. Since February 2016, he has been a senior portfolio manager at RAM Active Investments in Geneva, Switzerland. He is also an advocate for the world’s oceans and sea life. He is a non-executive board member of UPROAR and the executive producer of Ocean Souls. He also co-produced Call of the Blue, a beautiful coffee table book with hundreds of never-before-seen underwater pictures along with commentary from experts such as oceanologists.

STRIPS have been a financial instrument used around the world since the early 1990s. This is an acronym for Separate Trading of Registered Interest and Principal of Securities. This is a type of fixed-income security that is sold for less than face value but doesn’t offer interest payments as bonds do. Clement Perrette was instrumental in setting up STRIPS trading desks at Barclays Capital, Deutsche Bank, BNP Paribas, and Société Générale Paris.

He joined Société Générale Paris in September 1992. He set up its first STRIPS trading desk. Clement Perrette Barclays also led the trading, implementation, and success of this program. He managed his team’s daily operations and helped explain how STRIPS work to this company’s clients. The result of this work was that this firm became one of France’s top three traders.

In 1995, he joined Paribas SVT (Spécialistes en Valeurs du Trésor). The founding of the European Union and the introduction of the euro led to a more seamless and safer environment for trading securities in Europe. It also meant that rather than each country having its own STRIPS system, just one was implemented across Europe. This made Clement Perrette’s job a lot easier and drove his trading success to even greater heights. Paribas SVT became the top trading firm in Paris due to his success.

For details: medium.com/@ClementPerrette