Securities and derivatives

SMBC Nikko Capital Markets Limited (SMBC Nikko) acts as a global hub for SMBC Group's investment banking business. Headquartered in London, our goal is to provide Japanese and EMEA focused investment banking products to our European, Middle Eastern and African clients. This includes access to our acknowledged expertise in global securities and derivative products. Our activities include in-depth market analysis and research, broking and trading in primary and secondary debt and equity securities, advisory services on mergers and acquisitions, and marketing and trading an extensive range of over-the-counter derivative contracts.

With the support of a first class team of investment bankers and analysts at SMBC Nikko Tokyo, our London team has built an outstanding track record in equity and debt capital markets, and continues to develop a significant sales and trading operation across a broad range of asset classes. Our mergers and acquisition team closely coordinates their activities with those of SMBC Nikko Tokyo to provide our customers with exceptional advisory services that are fully tailored to their needs.

CORPORATE PROFILE OF SMBC NIKKO

BusinessInvestment banking
Establishment dateAugust 1989 and securities business launched in October 2010
President and CEOAntony Yates
PresidentYukio Ishii
Head office100 Liverpool Street, London, EC2M 2AT, United Kingdom
NetworkHead office in London and a branch in Abu Dhabi
Subsidiaries in London and Hong Kong
Number of employees174 (as of 31 March 2022)
AuditorKPMG LLP
Main servicesDebt capital markets and debt syndication
Derivatives
Equity capital markets
Equity sales and trading
Fixed income sales and trading
High-yield capital market products and origination
Merger and acquisition advisory

Information correct as of 16 May 2022 unless otherwise stated.

OWNERSHIP STRUCTURE

SMBC Nikko Capital Markets Limited
Sumitomo Mitsui Financial Group (SMFG)
↓   100%   ↓
Sumitomo Mitsui Banking CorporationSMBC Nikko Securities Inc
↓   85%   ↓↓   15%   ↓
↓   100%   ↓
SMBC Derivative Products LimitedSMBC Capital Markets Asia Limited

ABU DHABI BRANCH

SMBC Nikko London’s Abu Dhabi branch launched in January 2021 and undertakes debt capital markets business on behalf of its parent. It delivers strong coverage across the Middle East and provides an active local presence in this region, meeting with clients on a face-to-face basis and hosting investor events. 

SMBC DERIVATIVE PRODUCTS LIMITED

SMBC Derivative Products Limited (SMBC DP) is a UK incorporated company, authorised and regulated by the Financial Conduct Authority, which is a 100% owned subsidiary of SMBC Nikko London.

SMBC DP deals in sold options – principally interest rate caps, as well as swaptions, foreign exchange options and floors – and provides credit enhancement guarantees to clients in respect of their sold options on derivatives transactions with SMBC Nikko London and SMBC Capital Markets Inc in New York.

Credit Rating

SMBC DP is maintained as a ring-fenced entity in order to retain its high credit rating, which is a requirement of certain customers.

SMBC DP 
Moody'sAa1
S&PAA-

Ratings correct as of 31 March 2021.

SMBC CAPITAL MARKETS ASIA LIMITED

SMBC Capital Markets Asia Limited is domiciled in Hong Kong and undertakes derivative business on an agency basis. It is 100% owned by SMBC Nikko London and is part of the SMBC Capital Markets Group, which also includes SMBC Nikko London, SMBC Derivative Products Limited, and SMBC Capital Markets Inc located in New York. Together, these entities market and trade derivative products on an integrated basis throughout the world.