BNP Paribas Securities (Japan) Limited boasts strong expertise in capital markets businesses and provides a wide range of products and services to financial institutions and corporate clients.
Interest Rate: BNP Paribas is a leading foreign player in the JPY interest rates market. We are a major participant in the Japanese Government Bond (JGB) market, from primary auctions to market-making on the secondary market, with one of the highest market shares among foreign financial institutions in Japan. BNP Paribas is a primary dealer of JGBs and is also one of the financial institutions subject to the Bank of Japan’s bond operations.
A major source of strength for the BNP Paribas Group in this market is the trust built over the years with Japanese institutional investors. In addition, our strong
credit rating and risk management capabilities enablethe provision of substantial liquidity to the secondary market.
Equities & Commodity Derivatives: BNP Paribas offers equities and derivative products, and execution services specifically tailored to client needs. BNP Paribas’ trading has significant presence in the Japanese market. Our trading teams maintain high levels of market share on stock exchanges, as well as the OTC market. Tailor-made derivative products are developed to meet the needs of clients. Leveraging advanced trading systems, we are a top-tier liquidity provider on index arbitrage trading.
Our execution services offer advanced execution to hedge funds, institutional investors and other corporateinvestors. The execution services represent a departure from conventional equity sales that only offer a single, uniform service. Equities & Commodity Derivatives also provides clients with derivative products with underlying assets that include equities, mutual funds and hedge funds. In addition to common assets, derivatives include hybrid assets that combine interest rates, foreign currencies and other products. We also develop customized products and flow products for institutional investors and hedge fund managers. BNP Paribas has built a robust, global infrastructure and places emphasis on investing in post trade services.
Foreign Exchange (FX): BNP Paribas’ global FX platform offers a complete suite of products and services to meet clients’ investment and hedging needs. Operating in all major trading hubs, we offer sales, trading, extensive research, strategy, forecasting and analysis, prime brokerage and electronic capabilities. We have an onshore presence in over 70 countries through the group‘s branch network, with an especially strong presence in eastern Europe and Latin America. Comprehensive electronic markets’ capabilities are provided by the bank’s award-winning Fixed Income platform, Cortex, which covers NDFs, options and algorithmic execution in the FX market.
BNP Paribas electronic markets supports clients across the whole trade journey — pre-trade, execution and posttrade — to identify technical solutions to meet specific requirements. The Electronic Markets team strives to be innovative with new product offerings and works with clients to deliver the most efficient solutions.
Credit: The Credit Trading Department evaluates the fair value of companies and provides services that include liquidity for corporate bonds and loans, and trading of related credit derivatives. Credit derivative indicators are developed and provided in near real-time.
Research: BNP Paribas conducts research on economic and financial market trends utilizing a multi-faceted approach that taps its global network of resources. Top-ranked economists and analysts provide Japanese and overseas institutional investors with forecasts of macroeconomic indicators, market trends and investment strategy for both bonds and equities.
In particular, a strong reputation has been established for timely and high-quality research products related to Japanese macroeconomic trends, yield curve analysis and credit market trends.
BNP Paribas has a long tradition in quantitative research and is recognised as a pioneer in derivatives and hybrids. The client franchise and market share continues to expand in this area. Equity Research team covers companies listed on Japanese stock exchanges to provide timely information to global investors. The Equity Research team in Japan works closely with research teams in Asia to provide a collaborative and integrated service for the APAC (Asia-Pacific) region.
Primary Markets: BNP Paribas has a longstanding presence in the Japanese primary market and offers a comprehensive range of services to assist domestic and foreign issuers in their debt-raising strategies. The group originates, arranges, underwrites and syndicates debt offerings in plain vanilla or structured form for corporations, financial institutions and government agencies on local and international markets.
Our leading position in the Euroyen bond underwriting is testament to our broad distribution capabilities in Japan, whilst our global presence and recognized syndication expertise in all major bond markets allow us to deliver best execution to our clients.
Securities Services: BNP Paribas Group entities such as BNP Paribas Securities Services (BPSS) provides comprehensive value-added clearing and custody solutions globally, such as securities lending, FX, and fund administration service etc. In Japan, BNP Paribas Securities introduces such services to clients in Japan.