In categories: Prime Brokers

ABSA

CORPORATE AND INVESTMENT BANKING

Prime Services
Our Prime Services unit offers access to a full suite of products across multiple asset classes and global markets to South African and international clients, leveraging market-leading technology & platforms.

Our comprehensive offering focuses on meeting our clients evolving needs through best-in-class execution, financing and clearing solutions via a holistic capital-markets approach.

PRODUCT OFFERING

Equities

  • Research sales/sales trading coverage
  • Risk pricing facility
  • Access to liquidity – leading broker in terms of value 


Fixed Income

  • Sovereign and OTC fixed income product intermediation
  • Non-cash collateral solutions
  • Sovereign & Corporate bond repo facility


Synthetics

  • Synthetic equity access to global markets
  • Single name and index access via swap or CFD
  • Customised Equity Swaps
  • Long and short Africa equity access solutions via total-return swap


Securities Lending

  • Exclusive availability in excess of R30 billion
  • Diversified, stable supply – onshore and offshore desks sourcing South African inventory
  • Sourcing of new pools of inventory by Structured Capital Markets team
  • Focus on small- to mid-cap as well as hot stocks


Listed Derivatives

  • Global markets derivatives access
  • Leading clearing member on the JSE
  • Execution and clearing services in all JSE Clear products
  • Margin financing solutions available


Execution

  • Specialised sales and trading coverage for access to flow, market colour and provision of liquidity
  • Platform-agnostic approach to direct market access trading
  • Extensive algorithmic suite available
  • Low latency colocation solutions

Actively Managed Certificates (AMCs)

  • Absa issued instrument listed on an exchange (JSE for ZAR exposure or a European exchange for USD exposure)
  • Provides exposure to reference portfolio of instruments (shares, bonds, cash etc.)
  • Actively managed by an independent third-party manager in accordance to the predetermined mandate
  • Efficient entry to a managed portfolio

Fund Linked Solutions

  • Absa issued note
  • Referencing a portfolio of Unit Trusts (CIS Funds) - Standard Funds
  • Portfolios can be risk managed using volatility control, term-based guarantees or trailing stop-losses
  • Leverage can be applied to portfolios if required
  • Notes available via LISPs

 

PRIME SERVICES DIFFERENTIATORS

Asset protection

  • Strong and stable credit rating
  • Common equity Tier 1 capital-adequacy ratio of 14.8% (fully loaded Basel III)


Strong balance sheet

  • Stable source of funding – access to Absa Group balance sheet


Collateral and risk management

  • Multi asset class risk-management approach under Global Netting Agreement
  • Portfolio-based collateral calculation
  • Stable and diversified lending pool
  • Deep availability – access to significant inventory from onshore and offshore lenders
  • Access to exclusive inventory supply


Market-leading execution platform, technologies and services

  • Award-winning algorithmic product suite
  • Partitioned execution team for market anonymity
  • Specialist sales and trading coverage for risk-based pricing


Capital markets access

  • Multi asset class coverage
  • Primary and secondary market focus


Differentiated content

  • Local sector specialists
  • Access to global macro and equity content


Offshore Prime Services platform access

  • Access to international best-of-breed multi-asset class prime services franchise for offshore fund solutions

Contact details

Chris Edwards

3rd Floor Bridge Park East Bridge Way, Century City, Cape Town 7441, South Africa

E : chris.edwards@absa.africa
T : + 27 11 895 5189
W :cib.absa.africa