Fixed Income, Currencies and Commodities (FICC)

Fixed Income, Currencies and Commodities (FICC)

FICC provides global clients with market-making trading, product, and sales services for a wide range of fixed-income instruments, including interest rates, foreign exchange, credit products, and derivative structured products. We are committed to building an integrated and platform-driven development system that encompasses product strategy and quantitative trading capabilities outputs, trading risk management, and post-trade client services.

As the vanguard in overseas business, FICC continuously strengthens the coverage of high-quality assets in Europe, America, and Southeast Asia during the international business expansion, aiming to establish a fixed-income platform that spans multiple time zones, markets, and asset classes by connecting trading desks in different regions, enhancing trading and pricing capabilities, as well as service capabilities for domestic and overseas clients.

Leveraging the resources and advantages of the Group, we create a cooperative environment with mutual empowerment by collaborating with domestic product and sales teams, and synergizing with investment banks, to develop comprehensive product solutions based on client needs and enhance cross-border trading services for clients.

Bond Market Making Business:

We offer clients with market-making services for a variety of bonds, including credit bonds and interest rate bonds. The bond types range from Chinese-US dollar bonds, pan-Asian dollar bonds, European and American bonds, to SEA investment-grade bonds. While providing liquidity to clients, we continuously expand the range of bond types and enhance pricing capabilities. With professional expertise and comprehensive coverage of all varieties, our bond market making business ranks among the top in Hong Kong's Chinese-funded financial institutions.

Commodity and Futures Business:

Taking advantage of the cross-border trading capabilities, we provide integrated services of cross-border investment, trading, and hedging for domestic and overseas financial institutions and enterprises in commodities, macro interest rates, and foreign exchange, with underlying assests span types such as oil, metals, and agricultural products. We offer a variety of trading strategies and comprehensive risk management services, helping clients access global assets.

Asset Solutions Business:

based on a comprehensive understanding of domestic and overseas markets, we leverage the synergies of asset exploration and risk management to provide services including structured financing, private equity investments, overseas M&A, loans, as well as asset securitization products such as Collateralized Loan Obligations and Asset-Backed Securities. We assist clients in participating in high-quality asset projects, meeting client needs of asset allocation, and optimizing their capital utilization. Leveraging the Group's investment banking network, we cultivate the Greater China and SEA regions deeply to help clients seize business opportunities and create value.

Interest Rates and Foreign Exchange Business:

We provide multi-currency hedging services and macro-structured products under interest rates and foreign exchange categories, tailored to meet client needs. Our services aim to achieve risk mitigation while enhancing returns. Additionally, we offer comprehensive macro hedging solutions, including services for asset preservation and appreciation, to our clients.

Credit Derivatives Business:

We offer a range of credit derivatives services to clients, including Credit Default Swaps (CDS), Credit linked Notes (CLN), Total Return Swaps (TRS), and Leveraged Notes. Focus on client needs, we provide customized financial solutions of investment, financing, hedging, and other purposes.

Product Business:

We possess capabilities in strategy development, product creation and structuring, product solutions customization, and product trading. Depending on our expertise in asset exploration and derivatives services, we collaborate with our domestic teams to assist clients in diversifying asset allocations, achieving cash management, and enhancing returns.