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PRIME SERVICESCROSS ASSE T SERVICESFOR A CHANGING ENVIRONMENTFOR INSTITUTIONAL INVESTORS ONLYNOT FOR REDISTRIBUTION
A global award winningPrime Brokerage proposition that offersagile solutions via a single platformMulti-Asset,Multi-InstrumentCross RVICESCross AssetresearchBalance sheetstrengthFully integratedglobal execution capabilitiesCapital Introductions andAlternative BAL PRIMEBROKERAGESERVICESSingle RINGConsultingINTERMEDIATIONThe Hedge Fund JournalAwards 2016Hedge Funds Prime Brokerage Sales Outstanding ContributionDuncan CrawfordBest Global Multi-AssetPrime BrokerageHedge FundsPrime Brokerage SalesOutstanding ContributionBest FCM OverallBest Capital IntroductionServiceBest Overall Prime BrokerBest Prime Broker – CapitalIntroductionBest Prime Broker – EmergingMarketsBest Prime Broker – InnovationBank of the yearBanks, brokers and marketmakers category20172016201620162016HEDGE FUND JOURNALHEDGE FUND JOURNALCTA INTELLIGENCE2 12HFM WEEKFOW
Truly cross assetComprehensive platform in both cash and synthetic instrumentsGlobal offering across execution, financing and clearingHolistic approach to balance sheet allocationLargest execution and clearing broker of ETD’s inthe world (13% global market share)Award winning Capital Introduction team1.5 billion contracts cleared in 2016Leading market commentary on hedge fundperformanceUnrivalled market access to 130 markets andexecution venuesBroad client base, including more than 1,000hedge fund strategies5% share of European market share in specialsand hard-to-borrowPortfolio cross-margin capabilities based on aproprietary Monte-Carlo Value-At-Risk model 33 billion clients assets on deposit globally(1)Deep and stable global equity inventoryProviding access to the full global suite of products and services of Societe Generale groupincluding Lyxor and Securities ServicesSERVICINGHedge FundsAsset ManagersProprietary Trading GroupsCTA’sFinancial InstitutionsInvestorsPension FundsBrokersManagers3 12
GLOBAL PRIME BROKERAGE SERVICESA single sales team providing cross asset solutions across Equities, FixedIncome, Credit, Commodities, Foreign Exchange, Listed DerivativesEQUITY PRIME BROKERAGEEnhancedClientExperience Providing both cash and synthetic solutions Ability to net margin across asset classes for example: Futures and options, Cash Equity, Synthetic, OTC Options and VAR Swaps A deep and stable global equity inventory from both internal and external sources Innovative financing solutions across the complete range of Securities Finance and Delta One structures: Swaps; Stock Loan;Repo and Synthetic Financing Synthetic exposure to Emerging and Developed Markets All via a single platformSecuritiesFinancingExecution Global Execution Services in both cash equity and listedderivatives products Dynamic Portfolio Swap and CFD - Synthetic offering Global execution via Voice (inc. care), DMA, Algos Multiple Inventory sources 24x6 follow the sun coverage Stable financing partner with access to deep internal andexternal inventory sources Auto-borrow facilities Access to 130 global markets and execution venues Cross asset client connectivity Quantitative Algos with bespoke capabilities Bespoke financing solutions with expertise in hard-toborrow securities, outperformance trades and financing Transaction Cost Analysis ETF’s, convertible bonds via cash and syntheticClearing,Custody andSettlement Global network - Presence in 74 countries Client asset segregation Automated Corporate Action services, with online clientaccess via Pulse client portal4 12
SECURITIES FINANCE SOLUTIONSProducts and services we cover:We offer several solutions: Short covering Portfolio financing Cash reinvestment Outperformance Collateral optimisation Securities Lendingand Borrowing Dynamic Portfolio Swaps Futures on swaps Synthetic Forwards Repos andReverse Repos European Div SwapFutures Custom & thematicbaskets Equity, Index andSector Swaps Single stock andMSCI Index Futures Customised & bespokehedging solutionsINNOVATIVE FINANCINGSOLUTIONSGLOBAL MARKETINTELLIGENCE SERVICEOPTIMISING RETURNSON PORTFOLIOS Complete range of Securities Financeand Delta 1 structures: Swaps; StockLoan; Repo, Futures Extensive range of publications Portfolio Analysis: including corporateaction, strategies and collateraltransformation Synthetic Financing Synthetic exposure to Emerging andDeveloped Markets Market access in order to track,monitor and analyse corporate actions Market Insights and trade ideas Dedicated website and news alerts Global Sales-Trading teams withregional expertise Capturing additional Alpha from specialsituations Repo/Reverse repo on global equity;sovereign, corporate and high yieldbondsFIXED INCOME PRIME BROKERAGEFinancing& Cashmanagement Dedicated repo desks in Europe,USA and Asia-Pac Expertise in hard-to-borrowsecurities Repo or margin lending solutionsto financing requirements Agency cash managementsolutions & AgencyDerivativeServicing OTC Derivative Intermediation OTC Derivative Clearing- Rates- Credit Listed Derivative Clearing Consolidated reporting viaPULSE online portal Portfolio Cross Margining5 12Custody &Settlement Extensive Societe Generalenetwork Sub-custodian network to meetlocal regulations Settlement on all CSDs, majormarkets and local markets- EuroClear, ClearStream, DTC
Largest execution and clearing broker of listed derivatives in the worldwith 13% global market shareLISTED AND OTC DERIVATIVESPowerful infrastructure and personnel investment with high volume capability and scalabilityTop 3 of FCM(1) inthe world based onsegregated funds inthe USCustomer funds (B ) as of October 2016Futures Commission MerchantSegregated funds &Pt. 30 ( )*1234GOLDMAN SACHS & CO31,100,000,000JP MORGAN SECURITIES LLC22,100,000,000SG AMERICAS SECURITIES LLC19,100,000,000MORGAN STANLEY & CO LLC18,200,000,0005MERRILL LYNCH PIERCE FENNER & SMITHINCORPORATED16,100,000,000UBS SECURITIES LLC13,000,000,000CITIGROUP GLOBAL MARKETS INC9,500,000,000CREDIT SUISSE SECURITIES (USA) LLC8,500,000,000BARCLAYS CAPITAL INC8,300,000,000ADM INVESTOR SERVICES INC4,800,000,000RankNo1 in clearing andexecution volumes onmany global derivativesplatforms678910Top 10Membership of allmajor CCP venues151,000,000,000*Source: CFTC assets under management Oct 2016. Commitment to clearing: Key participantin industry and regulatory bodies Dedicated global 24 hour client serviceand relationship modelt toenmClearingCLEARINGSOLUTIONSCo Multi-asset cross-product margining;OTC bilateral, OTC cleared and ListedDerivatives via a single platform Commitment to support a variety ofclearing models including indirect clearingng Collateral management facilitation andfinancing across Prime Brokerage andListed Derivatives accountsCommitceviExcellent ClientSer One to one support and guidance in OTCClearing and On-boarding Dedicated to long-lasting partnershipswith clients across the SG franchisem prOfe h en siveferi Memberships of all major CCP venues; on 60 derivative and 25 stock exchanges Real-time comprehensive central clearing platform offering for IRS, CDS and FX Flexible reporting for front, middle and back-office with online facilities Pre and Post-trade allocation, online facilities Average pricing calculation and posting Real-time client trade reconciliations6 12
With over 150 dedicated execution specialists across the world,and unrivalled access to 130 markets and exchange venues,Global Execution Services is truly cross assetGLOBAL EXECUTION SERVICESA client focused premium service dedicated to finding the right solutions for all your execution needs Independentapproachprovidingtransparency Executionspecialistsfor all assetclasses.and anonymity for our clients A single point of entry for all our clients Tradeacrossideas andstrategies,liquiditylocationthe fullspectrumof instruments.across all asset-classesExecution Access via a single global portal. Integrated TCA servicesAdvisoryExecution specialistsspecialists forfor allall assetasset classesclasses. bal Quantitative Algos with bespoke capabilitiesFootprintfor largestenhancedperformance. World’sexecutionbroker in ListedDerivativeswith comprehensive13% global marketshare and Integratedtechnologypost-trade Unrivalledmarketservices.access to 130 markets andexecutionvenues Smarter access through our liquidityplatform(Alpha throughY). 24 hour/6coverageall time zonessingle pointpoint ofof entryentry forfor allall ourour clientsclients AA singleacross thethe fullfull spectrumspectrum ofof instrumentsinstruments.acrossAccess viavia aa singlesingle globalglobal portalportal. Access Quantitative Algos with bespoke capabilities Quantitativewith bespoke capabilitiesfor enhancedAlgosperformance.for enhanced performance Integrated comprehensive technology and Integratedtechnology andpost-trade comprehensiveservices.post-trade services Smarter access through our liquidity Smarterthrough our liquidity platformplatform access(Alpha Y).(Alpha Y)Providing a full service from No-touch to Voice Low latency access to global markets available across 30 different vendorsDMAAlgos Supporting 1600 screens on derivatives and 2,000 users on cash equity Bringing to you the quant DNA of Societe Generale CIB wrapped up in apowerful and highly flexible framework The power of a Program Trading organisation coupled with a world classGlobal Derivatives Execution deskCareVoice If it is listed, we can trade it! 50 specialists across the globe providing market colour, flow analysis andtrading ideas across all asset classes7 12
FX PRIME BROKERAGE & FX CLEARINGTRADITIONAL FXPBOTC FX CLEARING Full service FXPB offeringincluding extensivenetwork of executingdealers and ECNs NDF clearing capabilitieson CME and LCH out ofU.S. and U.K. FCM Access to both aprincipal and agencyexecution desk Broad range ofinstruments, currenciesand currency pairsincluding metals Follow-the-sun clientsupport model Close workingrelationship with CME,LCH and Eurex includingproduct developmentand roll-out First mover in executingdealer and customerNDF clearing Unique hybrid cleared /uncleared functionalityEXCHANGE TRADEDFX CLEARING League table leading cleareron CME Access via on CME, ICE,Eurex, CME Europe, DGCXand SGX Advisory role in exchangeproduct enhancement (i.e.transforming exchange tradedFX to be more OTC like) Cross-margining betweenOTC and exchange tradedFX contracts Consolidated reporting andclient service model Cleared / unclearedfunctionalityTraditional FXPBincludingMetals ClearingAs an integral andinextricable componentof Prime Services, ourhybrid FXPB and FXClearing offering is morecomprehensive thanmost providers whichtend to straddle differentreporting lines andfunctionalities.Multipleexecution toolsincluding *ECNs,Agency Desk,etc.CLIENT-TO-CLIENTTRADING Matching price makersand takers on mutuallyattractive flow Supporting Spot,NDFs and Options Addresses traditionaldealer spread wideningfrom uncleared marginrules New as opposed torecycled liquidityHybridIntermediation /Centralized NDFClearingForeign ExchangePrime BrokerageandFX ClearingMulti-ExchangeTraded FXFutures andOptionsClearingClient to clientFX Trade FlowLCH OTCFX ClearingCME OTCFX ClearingPORTFOLIO CROSS-MARGININGWe support portfolio margining across products and asset classes, giving clients ability to maximise capital efficiencies across all OTC andlisted portfolios.WE OFFER A MATURE CROSS-MARGINING SERVICE, COVERING ALL PRODUCTS – CLEARED AND NON-CLEAREDVaRMonte-Carlo basedImagine’s dynamic andversatile platformSingle call, single currencyDaily reporting and detailedrisk analysis, including positionby position drill-downIntraday real timerisk monitoringMargining across multiple cash and derivatives clearing venues plus bilateral OTC, where permitted.8 12
Award-winning team of 22 investment professionals located in London,New York, Chicago, Hong Kong, Tokyo and UAE that serves alternativeinvestment allocators and managers globallyCAPITAL INTRODUCTIONS AND ALTERNATIVE INVESTMENTS CONSULTINGFor alternative investment allocators and managers, Capital Introductions and Alternative InvestmentsConsulting are a go-to resource and point of reference for industry informationHOW DO WE WORK WITH INVESTORS?*HOW DO WE WORK WITH MANAGERS?* Build an in-depth understanding of the investor’sallocation approach to alternative investments Throughout a funds life cycle we help managers to navigatethe global investor landscape Make targeted introductions to alternative investmentmanagers in order to assist with portfolio objectives Build a customised program to identify appropriate sourcesof capital and interested investors Host educational workshops and events, in addition toconferences and showcases for investors to meet withmanagers Provide roadshow assistance and participation in PrimeServices educational and networking events Provide insight on alternative investments industrydevelopments, news flow and regulatory changes*Where regulations permitDEEP CONNECTIVITYWITH ALL INVESTORGROUPSINDUSTRY LEADINGMARKET COMMENTARYThought-provoking papers andnotes covering a wide range ofalternative investment strategiesand issues. Sovereign Wealth Funds Public & Private Pensions Insurers Consultants Family offices &Wealth Managers Asset Managers &Fund of Hedge FundsSOCIETE GENERALEHEDGE FUND INDICES: Fund Distribution Platforms Seed & AccelerationSuite of performancebenchmarks covering CTA,Macro, Commodityand Volatility trading strategies Managed Account PlatformsSTATISTICAL REPORTINGIn-depth knowledge and proprietary database of over 20,000 programs used to provide quantitative analytics andqualitative strategy information to assist investors.These include: Societe Generale Manager Evaluation Reports – in depthstatistical analyses incorporating proprietary metrics Monthly Performance Estimate Flash Report Nelson Report – Weekly statistical performance analysis Peer group analysis and customised benchmarking indices In depth customised strategy screenings9 12
CUSTOMISED SERVICESA global team with regional expertise across all asset classes, and client types.Providing clearing collateral management and agency lending servicesAgency Lending, Collateral Management and FX Hedging Cross Asset Securities Lending of Custody and thirdparty clients, with a cash reinvestment capability “Turn-Key” offering from front to back including Lenderindemnities Programmes are structured around the client’s risk profileusing both cash and non cash collateral Clear framework to mitigate various risks associated tothe trade flows and operate programs in a secured andtransparent manner Tailored cash reinvestment programmes are availableCUSTODIAL LENDINGTHIRD-PARTY LENDING The agent is also the client’scustodian The Agent is not the custodianholding the client’s assets STP connections with the custodysystem The Agent lends as a third-partyagent to the approved borrowers The Agent lends, in its capacity asagent, to the approved borrowers The Agent sets up securities anddata flows with the custodianCUSTODIAL FXHEDGING SERVICES We offer share class hedging,passive currency hedging andmulti-currency hedging. Thesesolutions help you manage currencyrisk and mitigate operational riskswhile enhancing returns of yourportfolio.CLEARING COLLATERAL MANAGEMENT Providing margin financing on cleared portfolios Innovative and bespoke financing solutions Internal Advisory and Agency financing solutions for efficient collateral managementAGENCY COLLATERAL MANAGEMENTTEMPO is a cross-asset collateral management outsourcing solution for OTC , cleared and non-cleared, Listed derivatives,Repo and Securities lending. This solution covers the whole value chain of collateral from trade management to reportingand gives you direct access to High quality collateral pools via the Agency Lending desk.TradeManagementand mentReporting to TradeRepositoriesFINANCIAL ENGINEERINGCustomised solutions through our bespoke and innovative financial engineering services for clients helping them launch,support and build their business; working on projects from inception though to deliveryExpertise:Highly experienced professionalswith background from all sectorsAdaptability:Implementation of products andsolutions that are in line withregulatory change ensuring easy rollout10 12Innovative Approach:- Agency Model- Partnership with our clients- Transparency- Dedicated delivery- Customised solutions provider
Societe Generale Prime Services part of the GlobalMarkets’ division of Societe Generale Group is the firm’sprime brokerage business, offering a unique combinationof execution, clearing, custody and financing services.It is truly multi-asset and multi-instrument across ListedDerivatives, Equities (Cash/synthetic), FX, Fixed Income andOTC Cleared. As a firm offering world leading derivativesbrokerage services, unrivalled access to 125 markets andexchange venues, Societe Generale Prime Services providesits clients an extensive pool of liquidity and tailored valueadded services.11 12
CONTACT DETAILS:Prime ServicesEMEAAmericasAsia-PacContinental IB.comDODD-FRANK DISCLAIMERIf you are a “U.S. person” (as defined by the U.S. Commodity Futures Trading Commission), pleasevisit http://swapdisclosure.sgcib.com for important information with respect to derivative products. Bytransacting with Societe Generale, you are deemed to acknowledge that you have read and acceptedthe information provided on the website.This summary report is a product of Global Execution Services in the Global Markets Division of SocieteGenerale. This communication is exclusively directed and available to Institutional Investors as definedby the 2004/39/CE Directive on markets in financial instruments acting for their own account andcategorized as eligible counterparties or professional clients. In the US, It is only directed to InstitutionalInvestors (as defined under NASD Rule 2211 of the Financial Industry Regulatory Authority, Inc.). Useof this communication with or by any other party is prohibited. The contents of this document aregiven for purely indicative purposes and have no contractual value. The sole purpose of this documentis to communicate information on flows resulting from the execution of transactions in Europe.The information herein is purely indicative, is not exhaustive and has no contractual value. SocieteGenerale (“SG”) has not conducted an analysis of all transactions in Europe and reserves the right,on a discretionary basis, not to disclose certain transactions. The information herein is not intendedto be a recommendation, advice, an offer to buy or sell, or a solicitation of an offer to buy or sell anyfinancial product. The accuracy, completeness or relevance of the information which has been drawnfrom external sources is not guaranteed although it is drawn from sources reasonably believed to bereliable. Subject to any applicable law, Societe Generale shall not assume any liability in this respect.The market information displayed in this document is based on data at a given moment and maychange from time to time. This document is confidential and may be neither communicated to anythird party (with the exception of external advisors on the condition that they themselves respect thisconfidentiality undertaking) nor copied in whole or in part, without the prior written consent of SocieteGenerale. This document is sent to you via the Internet. Accordingly, you hereby accept the risks relatedto the use of this means of communication. In particular, b
Repo and Synthetic Financing Synthetic exposure to Emerging and Developed Markets All via a single platform GLOBAL PRIME BROKERAGE SERVICES EQUITY PRIME BROKERAGE Execution Securities Financing Clearing, Custody and Settlement A single sales te
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