Electronic Markets Solutions Sharpen your instinct

Transcription

1 Electronic Markets Solutions Sharpen your instinct

2 Draw on the proven capability and liquidity of RBS s Electronic Markets offering. You can choose from an extensive range of easy to access, electronic services and applications that span all major asset classes. Your business can raise its performance with RBS s comprehensive range of electronic trading tools. Easy to access, fast and simple to use, each tool comes with dedicated support at every step of the trading process. Together, they give your trading teams the choice, flexibility and transparency they need to succeed. The RBSMarketplace (rbsm.com) platform brings together all this in one convenient portal and delivers an extensive range of proprietary trading applications to give you flexibility in your trading across our products. You can also use the world s leading third-party platforms and access the liquidity you need, when you need it. RBSMarketplace enables you to: Manage your Foreign Exchange more effectively, efficiently and flexibly with our integrated electronic trading solutions Learn about our extensive liquidity and electronic trading offering for Fixed Income products Combine security and performance with access to extensive liquidity using our Money Markets services Analyse and trade Equities as well as our award winning Securitised Products through fast and powerful electronic tools 2 Electronic Markets Solutions

3 Manage your FX execution with the flexibility and speed you need Foreign Exchange Manage your FX execution more effectively, efficiently and flexibly RBSMarketplace our world class electronic trading platform provides a single platform for all your FX execution. Among other powerful features, it gives you access to: FX Stream: Streaming real-time updates and one-click/two-click dealing for over 100 direct rates and crosses, including liquid local market currencies (ZAR, MXN, etc)* RFQ FX: A request for quote platform offering auto-priced spot/outright and swap quotes out to one year. You can also trade manually priced quotes for larger or longer-dated trades FX Electronic Orderbook: Submit orders, leave stop loss/take profit and call orders. Easy to use, this feature allows manual submission and online order management in addition to STP connectivity with your own system* RBS FiX: Providing you with a transparent FX execution framework for centralised execution management. RBS FiX, powered by the EBS benchmarks, is RBS s benchmark execution style service in FX. Seamlessly integrated within rbsm.com it provides the ideal benchmark service for corporate users, fund managers and financial institutions* FX Options: Flexible pricing and trading for both vanilla and exotic options, in a wide variety of currency pairs, along with streaming pricing grids showing both volatility and premium prices. Benefit from dual currency deposits and a sophisticated portfolio management tool allowing you to analyse, manage and view all RBS FX related trades, whether executed offline or online* FX Micropay*: FX Micropay is our multicurrency pricing service. It links to your merchant retail systems directly into our wholesale FX systems. This enables you to receive highly competitive foreign exchange rates and benefit from our number five ranking in the global foreign exchange markets** Multibank platforms: RBS provides competitive pricing and liquidity to all major third-party platforms including FXAll, 360T, Currenex, Bloomberg, FXConnect, Integral, Lava and Reuters RTFX* API Connectivity: Access the RBSM FX product offerings via online GUI or API* * RBS Plc only ** Source: Euromoney FX Poll, May Electronic Markets Solutions 3

4 Access RBS s strong liquidity through a choice of key platforms. Fixed Income Services Access faster, more flexible liquidity with our pioneering and innovative fixed income products. Fixed Income To give you faster, more flexible and robust ways of benefiting from our liquidity, we provide pricing and execution across key platforms such as Bloomberg, BondVision, MarketAxess and Tradeweb. Credit Benefit from fast, easy access to live pricing and automated execution Full liquidity across major credit sectors for EUR, GBP and USD denominated financials, corporates, floating rate notes (FRNs), asset-backed securities (ABS) and high yield bonds Pricing and electronic execution of CEEMEA and LatAm local market corporates and sovereigns Rates Access liquidity with strength Auto-execution of government bonds (including inflation linked bonds) with broad coverage across gilts, AUD, EUR and SEK denominated government bonds, US treasuries and Japanese government bonds EUR and USD denominated bills EUR, GBP and USD denominated sovereigns, supranationals, agencies and covered bonds Principal and coupon strips in French, German, Italian, Belgian, Dutch and Spanish bonds Local market eurobonds with price distribution and electronic trading of more than 500 instruments across 15 different currencies A pioneering inflation offering that includes pricing and auto-execution in EUR HICPxt, French, Japanese, Australian, US and Eurozone domestic consumer price index (CPI) Derivatives Choose from a comprehensive range of market-defining products Real-time executable bid/offer prices for EUR, USD, GBP, JPY, SEK, and DKK interest rate swaps right across the curve and against a variety of indices including inflation Full customisation of dates and rolls, spread and fly combinations and spreads versus treasuries across all products Inflation Swaps: HICPxt, French CPI, and UK retail price index (RPI) swaps for auto execution alongside indicative forward pricing on a wide variety of other indices Credit Default Swaps (CDS): Pricing and execution of itraxx and CDX indices on a request for quote or request for market basis with real-time credit checking Sovereign CDS: View-only pricing for European and G10 sovereigns 4 Electronic Markets Solutions

5 Benefit from our global reach and world class rating. Money Markets and Equities Money Markets To synchronise the price distribution and electronic execution capabilities of our money market products, you can access a comprehensive series of electronic services on both rbsm.com and thirdparty platforms. Deposits Capitalise on our size and rating to access liquidity with strength Auto-price deposits and rollovers in up to 21 currencies through the Money Markets module on rbsm.com Place deposits from overnight out to one year, with non-standard periods available You can also place deposits with RBS through supported third-party platforms Commercial Paper Giving you maximum flexibility to meet short-term obligations Functionality to allow a quote to be raised for primary and secondary European Commercial Paper* Global Treasury Funds Invest in our multi-billion pound money market funds via rbsm.com, which provide security and daily liquidity. Equities Giving you fast access to our award winning equities products RBS acts as your single point of electronic access to a comprehensive range of equities products from single stock execution services to multi-asset structured products listed on the exchange. Cash Maximise your performance through our innovation and insight FIX Connectivity is our principal channel of electronic communication with you. It combines a reliable, strongly supported FIX engine coupled with a proven onboarding protocol Direct Market Access at RBS is a mature and segregated offering. Our product is focused on four themes: exchange connectivity, latency, exception management and client service Direct Strategy Access Our quantitative development team has produced a comprehensive suite of algorithms and our consistent offering is rigorously tested by our traders Liquidity Access We are dedicated to accessing all available liquidity internally across our Equities businesses and externally in both lit and dark pools Smart Order Routing (SOR) Our liquidity -seeking algorithms with smart routing capabilities access all pools listed above. We use heat mapping to prioritise venue selection and order resting time Derivatives Offering you over 30,000 products in 25 markets worldwide Listed futures and options With us, you can trade listed futures and options across more than 45 exchanges globally. We offer you flexible margining solutions either through pledged collateral or simplified cash transfer mechanisms Exchange-traded structured products RBS specialises in devising listed structured products on your behalf, with a presence on major exchanges in Europe and Asia Pacific. We offer you a range of products including warrants, certificates and exchange-traded funds (ETF) across multiple asset classes, giving investors exposure on anything from single stocks, FX and interest rates through to our range of over 100 customised indices Primary and secondary market trade execution We provide you with direct structuring, pricing and trading capabilities for bespoke products via our inhouse systems and our web/direct access client offering, which gives brokers and banks direct execution through an application programming interface (API) or web portal * RBS Plc only Electronic Markets Solutions 5

6 We deliver the following products on leading third-party platforms and exchanges. Experience real partnership Algorithmic Solutions Utilise our algorithmic solution services and tools to help you optimise returns. Our offering covers: Modelling the markets to generate systematic sources of excess return Portfolio construction, optimisation and asset allocation Transaction cost analysis RBS Smart Prime RBS enables price aggregation, anonymous execution and direct market access hosted on rbsm.com. The Smart Prime service encompasses FiX protocol integration to our dealing services. Together with integration to our post trade services, it provides the ideal service for high net worth clients. Choose your medium On Bloomberg our products span FX, FX options, rates, credit, money markets, emerging markets and equity derivatives across global time zones. We deliver the full complement of Tradeweb s interest rate derivative offering. We make fixed income prices available in all currencies in financials, supranationals, asset-backed securities, high yield and covered bonds on MarketAxess, and in euro government bond, UK gilt and US treasury liquidity on BondVision. Finally, we offer services on all the major global FX third-party platforms, including Currenex, FXConnect, HotspotFXI, 360T, Lava, Reuters, FXAll and Tradeweb. Our futures coverage spans the major global exchanges. See clearly RBSMarketplace enables you to monitor and understand your trades from start to finish. You can access a range of electronic monitoring, reporting, confirmation and clearing products and services to suit your trading needs. View your real time trades or search your full history with our Online Post Trade Services tool. Access bespoke reports and monitor a wide range of positions through GreenScope, our online futures clearing application. For FX, our Prime Services applications deliver single- or cross-asset credit intermediation and portfolio margining. Experience real partnership Behind RBSMarketplace lies intelligence and responsiveness. Experts from our business, technology and operations teams will work with you to make sure you get the support you need. 6 Electronic Markets Solutions

7 Best Range of Execution Tools P&L Talk to us: To find out more, please visit rbsm.com or contact us: RBSM.com Third-party platforms* Contact us Foreign Exchange Fixed Income - Credit - Rates - Derivatives Money Markets - Deposits - Commercial Paper - Global Treasury Funds RBS Smartprime Algorithmic Solutions Equities - Cash Europe Tel: +44 (0) Americas Tel: Asia Pacific Tel: [email protected] Europe Tel: +44 (0) Best Range of Execution Tools P&L P&L Innovation Award FX Dashboard & SmartPrime Equities - Derivatives [email protected] Europe Tel: +44 (0) Asia Pacific Tel: [email protected] *Third-party platforms include 360T, FXAll, Tradeweb, Reuters, FX Connect, Currenex, HotspotFXI, Lava, Bloomberg, MarketAxess, BondVision Bloomberg; FX, FX options, rates, credit, money markets, emerging markets, interest rate derivatives, CDS and equity derivatives across global time zones Best Liquidity Aggregation Platform P&L Tradeweb; interest rate derivatives, rates, credit, CDS, money markets MarketAxess; Fixed Income prices available in all currencies in financials, supranationals, asset backed securities, high yield and covered bonds BondVision; Euro government bond, UK gilt and US treasury liquidity Best Order Management P&L

8 rbsm.com The contents of this document are indicative and are subject to change without notice. This document is intended for your sole use on the basis that before entering into this, and/or any related transaction, you will ensure that you fully understand the potential risks and return of this, and/or any related transaction and determine it is appropriate for you given your objectives, experience, financial and operational resources, and other relevant circumstances. You should consult with such advisers as you deem necessary to assist you in making these determinations. The Royal Bank of Scotland plc ( RBS ) will not act and has not acted as your legal, tax, regulatory, accounting or investment adviser or owe any fiduciary duties to you in connection with this, and/or any related transaction and no reliance may be placed on RBS for investment advice or recommendations of any sort. RBS makes no representations or warranties with respect to the information and disclaims all liability for any use you or your advisers make of the contents of this document. However this shall not restrict, exclude or limit any duty or liability to any person under any applicable laws or regulations of any jurisdiction which may not lawfully be disclaimed. Where the document is connected to Over The Counter ( OTC ) financial instruments you should be aware that OTC derivatives ( OTC Derivatives ) can provide significant benefits but may also involve a variety of significant risks. All OTC Derivatives involve risks which include (inter-alia) the risk of adverse or unanticipated market, financial or political developments, risks relating to the counterparty, liquidity risk and other risks of a complex character. In the event that such risks arise, substantial costs and/or losses may be incurred and operational risks may arise in the event that appropriate internal systems and controls are not in place to manage such risks. Therefore you should also determine whether the OTC transaction is appropriate for you given your objectives, experience, financial and operational resources, and other relevant circumstances. RBS and its affiliates, connected companies, employees or clients may have an interest in financial instruments of the type described in this document and/or in related financial instruments. Such interest may include dealing in, trading, holding, or acting as market-makers in such instruments and may include providing banking, credit and other financial services to any company or issuer of securities or financial instruments referred to herein. RBS is authorised and regulated in the UK by the Financial Services Authority, in Hong Kong by the Hong Kong Monetary Authority, in Singapore by the Monetary Authority of Singapore, in Japan by the Financial Services Agency of Japan, in Australia by the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority ABN (AFS Licence No ) and in the US, by the New York State Banking Department and the Federal Reserve Board. The financial instruments described in this document are made in compliance with an applicable exemption from the registration requirements of the US Securities Act of In the United States, securities activities are undertaken by RBS Securities Inc., which is a FINRA/SIPC member and subsidiary of The Royal Bank of Scotland Group plc. Singapore: This material is intended solely for distribution to Institutional Investors, Accredited Investors and Expert Investors as defined in Section 4A of the (Singapore) Securities and Futures Act, Chapter 289. Dubai International Financial Centre: This material has been prepared by The Royal Bank of Scotland N.V. and is directed at Professional Clients as defined by the Dubai Financial Services Authority (DFSA). No other person should act upon it. The financial products and services to which the material relates will only be made available to customers who satisfy the requirements of a Professional Client. This document has not been reviewed or approved by the DFSA. Qatar Financial Centre: This material has been prepared by The Royal Bank of Scotland N.V. and is directed solely at persons who are not Retail Customer as defined by the Qatar Financial Centre Regulatory Authority. The financial products and services to which the material relates will only be made available to customers who satisfy the requirements of a Business Customer or Market Counterparty. The Royal Bank of Scotland plc is in certain jurisdictions an authorised agent of The Royal Bank of Scotland N.V. and The Royal Bank of Scotland N.V. is in certain jurisdictions anauthorised agent of The Royal Bank of Scotland plc. The Royal Bank of Scotland N.V., incorporated in the Netherlands with limited liability. Registered with the Chamber of Commerce in The Netherlands, no The Royal Bank of Scotland plc. Registered in Scotland No Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. Cert no. TT-COC June 2010