dealing 3000 spot matching for croatia n.
Skip this Video
Loading SlideShow in 5 Seconds..
DEALING 3000 SPOT MATCHING FOR CROATIA PowerPoint Presentation
Download Presentation
DEALING 3000 SPOT MATCHING FOR CROATIA

play fullscreen
1 / 5
Download Presentation

DEALING 3000 SPOT MATCHING FOR CROATIA - PowerPoint PPT Presentation

farhani
113 Views
Download Presentation

DEALING 3000 SPOT MATCHING FOR CROATIA

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. DEALING 3000 SPOT MATCHING FOR CROATIA TREASURY BROKING SERVICE PIOTR ODRZYWOŁEK APRIL 25TH, 2008 ACI SPLIT

  2. Spot Matching Forwards Matching FX Options Matching Market Share (basis: BIS reporting) Foreign Participation Czech & Slovak Reps, Hungary, Poland, Romania, Russia, Turkey Czech & Slovak Reps, Poland, Hungary, Turkey Hungary, Poland Between 35-45% of all domestic currency volumes executed on Spot Matching (official: 52% in Poland) Av. 65-70% UKI 45-55% Total 150-250 parties by currency (350 for Forint) THOMSON REUTERS MATCHING IN CEE Best Emerging Market Broker 2006 Award (FX Week)

  3. PROPOSAL FOR CROATIA • Kuna listed in the system at end of Q1 2008 • 125 international credit lines required: • so that the Bank can make markets • .. or the Bank can trade as „aggressor only” or via PB • Service launched with 5 LOIs with guaranteed terms: • a flat Monthly Fee to cover unlimited trading volume on up to 2 keystations • offer for the first 12 months, thereafter reviewed • Live Dealt Rates Service on all supported currencies is delivered via IDN

  4. PRIME BROKERAGE • Available Prime Brokers: • ABN AMRO, AIG, Bank of America, Barclays, Deutsche, Goldman Sachs, JP Morgan Chase, Rabobank, RBS • Benefits for the PBClients: • Can be used algorithmically or manually • Overcomes credit problems accessing to global markets • Access to tighter spreads = reduced cost of trading • Post trade straight through processing

  5. Hvala Thank you