Brokerage

In 1965, Desjardins began offering investment funds to its members and to the general public through the Société de fiducie du Québec.

In 1986, this trust component, which came to be known as Desjardins Trust, acquired 9.9% of shares of the Breault, Guy, O'Brien brokerage firm. It sold off the shares the following year.

In 1988, the Group purchased a third of the shares of online broker Disnat and created the Corporation Desjardins des valeurs mobilières (CDVM), to which it gave those shares. The new corporation proceeded in 1990 to purchase nearly all remaining Disnat shares.

In 1989, CDVM acquired 72% of the shares of Deragon, Langlois, which then became Desjardins, Deragon, Langlois. CDVM purchased the remaining shares in 1991.

The same year (1991), CDVM became Valeurs mobilières Desjardins or Desjardins Securities, a full service broker with an online brokerage division called Disnat.

Since 1996, VMD has provided the caisses with transactional support necessary for direct sales to members of government bonds and investment funds other than Desjardins Funds.

At the end of 1998, VMD had two branches, 24 points of service and 115 investment advisors. In 2007, it had grown to have 44 points of service, 37 in Quebec and 7 in Ontario.

In 2003, Disnat, its online brokerage division, launched DisnatDirect, the first direct access brokerage service offered by a Canadian financial institution to active investors. Disnat offers the possibility of making transactions online on the Desjardins Web site.

Find out more about Desjardins Securities and Disnat