RBSMarketplace E-Commerce rbsm.com
Draw on the proven capability and liquidity of RBS s E-Commerce offering 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 all this together 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 our award winning securitised products through fast and powerful electronic tools 2
RBSMarketplace allows you to choose from an extensive range of easy to access electronic services and applications 3
Manage your FX execution with the flexibility and speed you need 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. FXStream 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).* FX Quote A request for stream 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. 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 investments and a sophisticated portfolio management tool allowing you to analyse, manage and view all RBS FX related trades, whether executed offline or online.* 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.* FXStream : Streaming real-time prices with one-click/two-click dealing for an extensive range of direct rates and crosses. 4
FXmicropay FXmicropay 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. Multibank platforms RBS provides competitive pricing and liquidity to all major third-party platforms including FXAll, 360T, Currenex, Tradeweb, Bloomberg, FXConnect, Integral, Lava and Reuters RTFX.* API Connectivity Access the RBSM FX product offerings via online GUI or API.* STP (Straight Through Processing) is available now from RBSMarketplace to your treasury system. FX Quote : Request for quote with auto-priced spot, outright and swaps out to 1 year. *RBS Plc only RBS FiX : Transparent FX execution through the independently audited RBS benchmark system. FX Electronic Orderbook : Submit, link and manage stop loss, take profit and call orders. *RBS Plc only 5
Fixed income services * Access RBS s strong liquidity through a choice of key plaforms 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 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 EU 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 capita (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 *Product and service availability depends on country 6
RBS provides pricing and execution across key third party platforms
Benefit from global reach and world class rating 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 third party platforms. Money Market 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 get the security, liquidity and performance your clients need Easy access to the RBS suite of Money Market funds known as Global Treasury Funds clients can access GTF daily online through RBS Trade on RBSM for their short-term cash requirements. Available in GBP, EUR and USD, GTF provide investors with diversified exposure to a range of highly rated money market instruments. All sub-funds can be marketed to the public in the following jurisdictions: Germany, Ireland, United Kingdom, Luxembourg and Gibraltar. Through the system users can: Subscribe (deposit) or redeem (withdraw funds with immediate acknowledgement of orders) View balances View and print statements Obtain performance data and download for use at any time View all fund yields which are updated on a daily basis Money Markets : Request for quote with auto-priced deposit rates in up to 21 currencies * May be subject to country disclosure requirements, please speak to your RBS Relationship Manager ** RBS Plc only 8
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 Agile A unique trading system from one of the world s top FX houses RBS Agile puts RBS s powerful trading presence, deep market insight and innovative technology to work for you around the clock. In the past, hedging an options portfolio meant you had to monitor the market constantly and execute a variety of complex tasks manually. RBS Agile automates many aspects of managing gamma risk. This allows you to hedge more frequently, capturing opportunities that would otherwise be missed. It runs 24 hours a day, watching the market so you don t have to. 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. RBS Agile : A suite of derivative algorithm tools that enable clients to automate their gamma hedging and more RBS Smart Prime : Enables direct market access via either a price aggregation GUI or FIX protocol 9
Access our fast, integrated, global trading platform Research and Strategy Our industry-leading research and strategy team produces original investment themes and insights focused on the critical market issues. We pride ourselves on providing what we believe to be the best solutions for our clients business needs through innovative ideas, a collaborative culture and a combination of global and local expertise. To achieve our goal of consistently exceeding client expectations, individuals are encouraged to fully leverage their unique skills and abilities and operate freely without constraints which could lessen their effectiveness. Clients come to us for intelligent solutions to complex problems and for insights into: Rates Economics Foreign exchange Credit Asset-backed securities Emerging markets Commodities You can also access our world class research and strategy material and monitor a broad array of reports through mobile devices, using our mobile apps for the ipad and the Blackberry Playbook. Equities and Structured Retail* Giving you fast access to our award winning equities and retail structured products RBS acts as your single point of electronic access to a comprehensive range of multi-asset structured products listed on the exchange. Derivatives Offering you over 30,000 products in 25 markets worldwide Exchange-traded structured products RBS specialises in devising listed structured products on your behalf, with a presence on major exchanges in Europe, US 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. Third Party Platforms - 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 Gilts 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. *Product and service availability depends on country 10
Intelligent and responsive Online Post Trade Services RBSMarketplace enables you to monitor and understand 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 FuturesView, our global clearing, reporting and reconciliation portal. For FX, our Prime Services applications deliver single or cross-asset credit intermediation and portfolio margining, as well as a variety of STP (Straight Through Processing) solutions. Access the service either online through RBSMarketplace or, for FX trades, directly through your Application Programme Interface (API). What is more, you can combine the service with a range of our E-Commerce solutions, including FXStream, FX Electronic Orderbook, FXmicropay and RBS FiX. OPTS is simple to use and gives you a clear picture of your trading activity in a completely secure environment. Whatever kind of trading you are involved in whether FX or money markets you can be that deal information has been stored accurately, and can be easily accessed and audited. 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. 11
E-Commerce distribution network London Stamford Tokyo Hong Kong Singapore Key Regional hubs Sydney In regions where we operate as RBS Plc, we offer the full list of services described in this brochure. RBS Plc offices: Frankfurt Hong Kong London Madrid Milan Paris Singapore Stamford Sydney Tokyo In regions where we operate as RBS NV, we offer FX RFQ/FXStream and Money Markets RBS NV: China has 4 trading centres: RBS (China) Beijing RBS (China) Chengdu RBS (China) Shanghai RBS (China) Shenzhen India has 4 trading centres: RBS NV Bangalore RBS NV Chennai RBS NV Delhi RBS NV Mumbai Czech Republic: RBS Praha Dubai: RBS Dubai NV Hong Kong: RBS NV Hong Kong Indonesia: RBS NV Jakarta Kazakhstan: SB RBS Kazakhstan Malaysia: RBS Berhad Malaysia Mexico: RBS Mexico SA Netherlands: Amsterdam NV Poland: RBS Bank Polska SA (Pending Regulatory Approval) Russia: RBS ZAO Moscow Singapore: RBS NV Singapore Thailand: RBS NV Bangkok 12
Speak to us To find out more, please visit rbsm.com or contact us: RBSM.com Third Party Platforms* Contact Foreign Exchange Fixed Income - Credit - Rates - Derivatives Money Markets - Deposits - Commercial Paper - Global Treasury Funds Europe T: +44 (0)20 7085 6900 Americas T: +1 203 897 6024 Asia Pacific T: +65 6518 5111 E: rbsmsupport@rbs.com RBS Smart Prime Algorithmic Solutions Equities Visit us at rbs.com/equities Equities - Derivatives Visit us at rbs.com/markets * 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 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 gilts and US treasury liquidity 13
Our awards Best range of Executio ion Toolsols #3 Overall Research P&L 2010 2010 #3 Securitisation & ABS 2011 #5 E-Trading Overall 2011 #4 Pan Euro uropean Economics & Macro - by individual Jacques Cailloux 2010-2011 All-Ame Amer ica Fixed Income Rese arch Poll #2 G overnments Strat egy 2010 All-Ame Amer ica Fixed Income Rese arch Poll Top 5 - Technical Analysis 2010 All- Amer merica Fixed Income Rese arch Poll #1 F ederal Agency Debt Strategy 2010 All- Amer ica Fixed Income Rese arch Poll #3 Techn hnical Analysis 2011 All- Amer ica Fixed Income Rese arch Poll #2 US S Governments Strategy (William O Donnell l & Team) 2011 All- Amer ica Fixed Income Research Poll #1 Federal Agency De bt Strat ategy y (Margaret Kerins & Team eam) 2011 All- Euro urope Fixe ixed Income Rese arch Team #3 Int nteres est Rate Strategy (Andrew Roberts & Team) 2011 All-Eur Europe Fixed Income Rese arch Team #5 Overall ( Joint) 2011 14
Product and service availability depends on country. Please consult your Relationship Manager. 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 30 101 464 528 (AFS Licence No. 241114) 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 1933. 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 33002587. RBS NV is regulated by the Central Bank of UAE. The Royal Bank of Scotland N.V., established in Amsterdam, The Netherlands. Authorised by De Nederlandsche Bank N.V. and regulated by the Authority for the Financial Markets in The Netherlands. 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 an authorised agent of The Royal Bank of Scotland plc. The Royal Bank of Scotland plc. Registered in Scotland No. 90312. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. The DAISY Device logo, RBS, THE ROYAL BANK OF SCOTLAND and BUILDING TOMORROW are trade marks of The Royal Bank of Scotland Group plc. 39-0811 November 2011