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 sales provide investors with the latest, high value-added information put together by the analysts in a timely and accurate manner, while our traders cooperate with the execution traders, who manages their positions while facing the market, and provide optimal services to investors. 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 FY2022
- 1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
- 2 Daiwa Securities Co., Ltd.
- 3 Nomura Securities Co. Ltd.
- 4 JPMogan Securities Japan Co., Ltd.
- 5 Deutsche Securities lnc.
- 6 Mizuho Securities Co. Ltd.SMBC Nikko Securities Inc.
- 7 Citigroup Global Markets Japan Inc.
- 8 BofA Securities Japan Co., Ltd.
- 9 SMBC Nikko Securities Inc.
- 10 Goldman Sachs Japan Co., Ltd.
Past Performance
■1H of FY2022
- 1 Mitsubishi UFJ Morgan Stanley
Securities Co., Ltd. - 2 Daiwa Securities Co., Ltd.
- 3 Nomura Securities Co. Ltd.
- 4 Mizuho Securities Co. Ltd.
- 5 JPMogan Securities Japan Co., Ltd.
- 6 Deutsche Securities lnc.
- 7 Citigroup Global Markets Japan Inc.
- 8 Goldman Sachs Japan Co., Ltd.
- 9 SMBC Nikko Securities Inc.
- 10 BNP Paribas Securities (Japan) Limited
■2H of FY2021
- 1 Daiwa Securities Co., Ltd.
- 2 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
- 3 Mizuho Securities Co. Ltd.
- 4 Nomura Securities Co. Ltd.
- 5 JPMogan Securities Japan Co., Ltd.
- 6 Deutsche Securities lnc.
- 7 SMBC Nikko Securities Inc.
- 8 Citigroup Global Markets Japan Inc.
- 9 Morgan Stanley MUFG Securities Co., Ltd.
- 10 BNP Paribas Securities (Japan) Limited
■1H of FY2021
- 1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
- 2 Daiwa Securities Co., Ltd.
- 3 Mizuho Securities Co. Ltd.
- 4 Nomura Securities Co. Ltd.
- 5 JPMogan Securities Japan Co., Ltd.
- 6 SMBC Nikko Securities Inc.
- 7 Deutsche Securities lnc.
- 8 Citigroup Global Markets Japan Inc.
- 9 BNP Paribas Securities (Japan) Limited
- 10 Morgan Stanley MUFG Securities Co., Ltd.
■2H of FY2020
- 1 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
- 2 Daiwa Securities Co., Ltd.
- 3 Nomura Securities Co. Ltd.
- 4 JPMogan Securities Japan Co., Ltd.
- 5 Mizuho Securities Co. Ltd.
- 6 Goldman Sachs Japan Co., Ltd.
- 7 SMBC Nikko Securities Inc.
- 8 Deutsche Securities lnc.
- 9 Morgan Stanley MUFG Securities Co., Ltd.
- 10 BNP Paribas Securities (Japan) Limited
- (Source) Ministry of Finance