Let me tell you about worldwide securities finance
The worldwide Securities Finance (GSF) group has an established reputation delivering our consumers service that is exceptional dependability, and ‘one-stop’ protection finance solutions. As a premier tier worldwide standard bank, ING can offer very competitive funding amounts and exchanging structures.
ING GSF’s added value
- Marketplace access: INGâ€™s international impact and regional market knowledge is here to supply you usage of both developed and growing markets
- Flexibility: ING can format securities funding instruments to fit your needs
- Currency: Cross currency services and products boost the elasticity of INGâ€™s product range (FX capable)
- Leverage: Returns may be improved by funding on margin
- Customer statements: ING provides clear and concise statements that are online ‘up to date’ customer jobs.
Artificial profile solutions (SPS)
Artificial profile solutions is just team of items that independently, or created as a customized package, allow a customer to achieve contact with the performance of specific safety, index, or custom basket of equities. The precise lending options within SPS consist of, but they are not restricted to:
- Portfolio swap
- Contract for differences (CFD)
- Total return swap.
Equity financing and repo (ELR)
Equity financing involves the financing of an equity place to a debtor versus some kind of security at an arranged margin and interest price for the term associated with loan. The main inspiration behind equity financing is a desire by the debtor to obtain a particular safety so that you can protect an industry brief place. The price compensated by the borrower when it comes to stock is determined by the need for the security that is particular. The owner/lender of this stocks keeps ownership of this stocks, and it is eligible to receive substitute payments on all corporate actions that transpire throughout the span of the mortgage.
Nonetheless, the lending company does pass voting liberties into the borrower regarding the stock through the duration of the loan. The lending company maintains the ability to â€˜recallâ€™ the stock loan whenever you want – in the eventuality of a recall, the debtor is needed to get back the stocks into the loan provider on or prior to the standard settlement for the united states when the equity trades. Equity structures that are lending additionally be utilized for short-term funding of long holdings. Most of the responsibilities are documented under market standard paperwork (GMSLA). Repo structures (see below) can be useful for equity company utilizing a GMRA.
Fixed earnings repo (FIR)
Repurchase agreements, commonly named ‘repos’, are agreements relating to the simultaneous purchase and future repurchase of a secured asset. The client in place lends the vendor cash for the period that is fixed of contract, therefore the regards to the contract are organized to pay the customer. The vendor agrees buying back once again the asset in the exact exact same cost of which they offered it in the future repurchase date. This trade represents a transfer that is temporary of. The vendor will pay the customer interest in the loan that is implicit by the deal.
Linear equity derivatives (LED)
These are typically exchanged over-the-counter where in fact the underlying asset can be an individual stock, a online payday loans Lancashir container of stocks or an equity index. This product at a fundamental degree allows the customer to gain long or quick contact with the root asset, that offers several benefits to trading within the real securities. The products that are specific LED include, but are not restricted to:
- Total return swap
- Cost return swap
- Basket swap
- Solitary stock futures
- Choices reversals and conversions.
Please be aware that ING Bank doesn’t have a banking permit in america and is consequently maybe perhaps maybe not allowed to conduct banking tasks in america. Through its wholly owned subsidiary ING Financial Holdings Corporation as well as its affiliates, ING offers a complete assortment of wholesale financial loans such as for example financing, business finance and a complete selection of monetary areas services and products to its business and institutional customers.