SMBC Nikko Securities America, Inc. (SMBC Nikko America), a registered broker-dealer and direct subsidiary of SMBC Americas Holdings, Inc., has been designated a primary dealer by the Federal Reserve Bank of New York (New York Fed). SMBC America’s Holdings, Inc., and SMBC Nikko America are part of the SMBC Group Americas Division.
SMBC Nikko America is now one of 25 primary dealers in the market, which serve as trading counterparties to the New York Fed in its implementation of monetary policy, including participating in open market operations and Treasury auctions, and providing market intelligence and analysis to the open market trading desks at the New York Fed.
The primary dealer designation exemplifies SMBC Group’s commitment to offering best-in-class service and execution to a global client base.
About SMBC Nikko Securities America, Inc.
Established in 1990, SMBC Nikko Securities America, Inc. is a broker-dealer registered in the United States with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). SMBC Nikko America engages in, among other things, equity and fixed income sales and trading including repurchase and securities lending transactions, equity and debt capital markets business, private placements, and investment banking advisory services. SMBC Nikko America is a wholly owned indirect subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), a top-tier global banking organization headquartered in Japan. In the United States, SMFG conducts banking activities through a wholly owned direct subsidiary, Sumitomo Mitsui Banking Corporation (SMBC).
About SMBC Group
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC America’s Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division). For more information, please visit www.smbcgroup.com.
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