HOME > Corporate Clients > Global Markets Business

Global Markets Business

 

The Global Markets Business Unit provides products and services including fixed income, equity and solutions to a diverse range of customers (institutional investors, corporations and individuals). By meeting various needs of our customers quickly, we gain confidence of many of our customers as a major player in the secondary market.
As the core securities company of the Mitsubishi UFJ Financial Group, MUMSS will continue to cooperate with Morgan Stanley and provide products and services of the highest quality to our customers. In addition, we aim to implement unique business models utilizing group relationship of the banking and securities, which is our strength.

Business Description

Fixed Income Secondary Business

The Fixed Income Secondary Business handles a wide range of products, from Japanese government bonds (JGBs), municipal bonds, corporate bonds, foreign bonds, structured bonds and structured credit instruments to derivatives (interest rates, credits and exotics).
In our Trading Business, we are leveraging our high capabilities in product provision and trade execution to meet the needs of a diverse range of customers from major institutional investors to regional financial institutions, overseas investors, domestic corporations and high-net-worth clients.
We have established ourselves as a leader in the domestic bond market on the back of our diverse products and wide-ranging customer base. We especially demonstrate our outstanding presence through the purchase amount in JGB auctions (see table below), contributing to facilitation of JGB primary market. Through our strong commitment to the market, we are striving to earn the trust of the investors in MUMSS.

Equity Secondary Business

The Equity Secondary Business handles a wide range of products and services from domestic equities, foreign equities, convertible bonds, stock lending and financing, individual stock options, basket trading to VWAP (Volume Weighted Average Price) transactions.
We are responding to the increasingly sophisticated and diverse needs of institutional investors by cooperating with our Research Division, which possesses one of the best analytical abilities in the industry, and with our highly competent execution capabilities through development of various algorithms.
Our research sales provides investors with the latest, high value-added information put together by the analysts in a timely and accurate manner, while our sales traders cooperate with the execution traders, who manages their positions while facing the market, and provide optimal services to investors. We are also endeavoring to bridge the gap between the primary market and the investors by proactively engaging in IR activities, which play an integral part in the formulation and implementation of fund-raising strategies of a corporate client.
In terms of foreign equities, we are endeavoring to expand our range to meet the ever increasing needs of our individual customers.
And the Equity Solution Business provides optimal equity-based solutions in meeting the individual balance sheet needs of our clients.

Financial Solutions Business

The Financial Solutions Business offers highly-advanced investment and capital-raising plans that have been tailor-made, based on the trends of market and investors, to the requirements of fixed income based needs of our corporate and financial institution clients. We especially maximizes our knowledge and experience of structured finance to design various financial instruments and meet the needs of our clients by providing solutions with a view of distributing parts of the asset to investors.

Top 10 institutions that purchased most in the JGB auctions (calculated by duration)

2H of FY2016

1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
2 Daiwa Securities Co. Ltd.
3 Nomura Securities Co., Ltd.
4 BNP Paribas Securities (Japan) Limited
5 Mizuho Securities Co., Ltd.
6 Merrill Lynch Japan Securities Co., Ltd.
7 Deutsche Securities lnc.
8 SMBC Nikko Securities Inc.
9 Goldman Sachs Japan Co., Ltd.
10 Citigroup Global Markets Japan Inc.

Past Performance

1H of FY2016

1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
2 Nomura Securities Co., Ltd.
3 Daiwa Securities Co. Ltd.
4 Mizuho Securities Co., Ltd.
5 Merrill Lynch Japan Securities Co., Ltd.
6 SMBC Nikko Securities Inc.
7 BNP Paribas Securities (Japan) Limited
8 Deutsche Securities lnc.
9 Goldman Sachs Japan Co., Ltd.
10 Morgan Stanley MUFG Securities Co., Ltd.
 

1H of FY2015

1 Nomura Securities Co., Ltd.
2 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
3 Daiwa Securities Co. Ltd.
4 Mizuho Securities Co., Ltd.
5 BNP Paribas Securities (Japan) Limited
6 Merrill Lynch Japan Securities Co., Ltd.
7 SMBC Nikko Securities Inc.
8 Goldman Sachs Japan Co., Ltd.
9 Bank of Tokyo-Mitsubishi UFJ, Ltd.
10 Morgan Stanley MUFG Securities Co., Ltd.

2H of FY2015

1 Daiwa Securities Co. Ltd.
2 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
3 Nomura Securities Co., Ltd.
4 Mizuho Securities Co., Ltd.
5 BNP Paribas Securities (Japan) Limited
6 SMBC Nikko Securities Inc.
7 Merrill Lynch Japan Securities Co., Ltd.
8 Goldman Sachs Japan Co., Ltd.
9 Morgan Stanley MUFG Securities Co., Ltd.
10 JPMorgan Securities Japan Co., Ltd.

1H of FY2014

1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
2 Daiwa Securities Co. Ltd.
3 Nomura Securities Co., Ltd.
4 Mizuho Securities Co., Ltd.
5 Bank of Tokyo-Mitsubishi UFJ, Ltd.
6 BNP Paribas Securities (Japan) Limited
7 Merrill Lynch Japan Securities Co., Ltd.
8 SMBC Nikko Securities Inc.
9 Mizuho Bank, Ltd.
10 Goldman Sachs Japan Co., Ltd.

2H of FY2014

1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
2 Nomura Securities Co., Ltd.
3 Daiwa Securities Co. Ltd.
4 Mizuho Securities Co., Ltd.
5 Bank of Tokyo-Mitsubishi UFJ, Ltd.
6 SMBC Nikko Securities Inc.
7 Goldman Sachs Japan Co., Ltd.
8 Merrill Lynch Japan Securities Co., Ltd.
9 BNP Paribas Securities (Japan) Limited
10 Morgan Stanley MUFG Securities Co., Ltd.
  • (Source) Ministry of Finance