Their organization had a history of 340 years, and was the only original member of the London Gold and Silver fixes to maintain seats in both associations.

The company dates back to Moses Mocatta, who immigrated from Amsterdam to London where, in 1671, he established a shop for gold, silver, and diamonds, then opened an account with the English goldsmith-banker Edward Backwell (ca.

1684, the bullion dealer and refiner ″Mocatta″ was developed to serve as a broker to the Bank of England and the East India Company in the 18th and 19th centuries.

With Peter Hambro as Deputy Managing Director and Henry Jarecki as Chairman, the firm dealt in options and other financial contracts in precious metals and pursued bullion exchanges in Russia, the United States, South America, Switzerland, Mexico, Germany, China, Hungary, Australia, Japan, and South Africa, and became the largest gold and silver counter-party to the Soviet Union.

[3] As of 2018, ScotiaMocatta maintained offices in Toronto, New York City, London, Mumbai, New Delhi, Bangalore, Shanghai, Hong Kong, and Singapore.

[8] As a result of the January 2019 re-organization, Scotiabank stopped supplying gold to the Italian and Indian jewelry industries.