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Markets Clearing and Futures Execution

Global execution and clearing services

Wells Fargo1 delivers high-quality execution and clearing of futures and options and clearing of over-the-counter (OTC) derivatives to institutional customers globally.2 Wells Fargo provides:
  • 'High-touch' voice brokerage for futures and options
  • Direct market access for self-execution of futures and options
  • Customized clearing services
  • Single point of contact across cleared OTC and listed futures products

Futures and over-the-counter derivatives clearing

Clearing house access

Wells Fargo provides clearing services through global clearing houses3 and, by leveraging our operational and risk management expertise, Wells Fargo is able to deliver support for customers’ clearing activities. In addition, Wells Fargo provides collateral optimization solutions to help customers efficiently allocate collateral to meet their margin requirements.

Web-based customer portal

Derivatives Access, our web-based portal for credit, risk, and treasury management, provides a centralized hub for:
  • Accessing real-time trade activity
  • Querying, downloading, and receiving customized and consolidated reports and files, including:
    • Open positions data
    • Collateral holdings
    • Payments
    • Current and historical statements
    • Standard and customized reports
  • Reconciling trades and positions
  • Maintaining custom alerts
  • Confirming trades interactively
  • Viewing daily settlement details, statements, and historical data

Futures execution

Market access4

Wells Fargo provides access to an extensive network of more than 45 futures exchanges worldwide covering futures contracts on a variety of products, including:
  • Food and agriculture
  • Metals
  • Energy
  • Equity index
  • Interest rates
  • FX

Voice brokerage

With institutional execution desks in Charlotte, Chicago, New York, Los Angeles, and London, Wells Fargo can execute futures contracts for customers from the global market open on Sunday through the global market close on Friday, provide direct access to trading floors, and specialize in multi-exchange, multi-asset class execution.

Electronic trading

Wells Fargo offers customers access to a number of industry-leading electronic execution front-end systems. In addition, Wells Fargo supports order routing via application programming interface and FIX connectivity.

Why Wells Fargo?

Wells Fargo & Co.5

  • Is one of the oldest, continuously operating financial institutions in the world
  • Rated "Best U.S. Bank" in 20146
  • “Best Global Bank”7 in the 2013 Global Awards for Excellence
  • Wells Fargo & Co.’s supplementary leverage ratio is 8.1% (as of September 30, 2014)

What sets Wells Fargo apart?

  • Wells Fargo Securities, LLC (“WFS”) is rated AA- for long term and A-1+ for short term, with a stable outlook (issued on June 11, 2013) by Standard & Poor’s
  • Wells Fargo Securities International Limited (“WFSIL”) is rated AA-/F1+8 by Fitch Ratings and rated AA-/A-1+9 by S&P Rating Services
  • Execution sales team members average more than 20 years of experience
  • Clearing sales team is knowledgeable and focused on specific market segments, such as food and agriculture, energy, and financial services

Efficient technology and superior customer service

Wells Fargo helps customers manage exposure and gain operational efficiency through:
  • Trade lifecycle based reporting
  • Reconciliation capabilities
  • Customizable real-time market analytics (for some products)
  • Leveraging a single point of contact for cleared over-the-counter derivatives and listed futures products
  • Services tailored to meet customers’ needs
1 Execution and clearing of futures and options on futures along with clearing of over-the-counter derivatives is offered through Wells Fargo Securities, LLC (“WFS”). Execution and clearing of futures and options is offered through Wells Fargo Securities International Limited (“WFSIL”).
2 Wells Fargo provides clearing services to various types of customers including banks, insurance companies, corporations, hedge funds, and institutional asset managers. In determining whether to offer clearing services to prospective customers, Wells Fargo considers objective criteria including, without limitation, the customer’s investment profile, financial health, customer’s status as an Eligible Contract Participant (as such term is defined in the Commodity Exchange Act), legal character, industry reputation and the relevant legal and commercial terms.
3 Access to global clearing houses is provided either through direct memberships or through third-party carrying brokers.
4 Access to global exchanges is provided either through direct memberships or through third-party carrying brokers.
5 WFS and WFSIL are not guaranteed by Wells Fargo & Co.
6 The Banker magazine, 2014
7 Euromoney, 2013
8 Fitch Ratings as of June 17, 2014
9 Standard & Poor’s Rating Services as of March 18, 2014
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, a CFTC registered futures commission merchant and a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Securities International Limited which is authorized and regulated by the UK Financial Conduct Authority and Wells Fargo Bank, National Association. Wells Fargo Securities, LLC and Wells Fargo Securities International Limited are distinct entities from affiliated banks and thrifts. The securities and related financial instruments described herein may not be eligible for sale in all jurisdictions or to certain categories of investors. WFSIL does not deal directly with retail clients. The rules made under the Financial Services and Markets Act 2000 for the protection of retail clients will therefore not apply, nor will the Financial Services Compensation Scheme be available.
The risk of transacting in futures, options, and swaps can be substantial. Futures, options, and swaps involve risk and are not suitable for everyone.
The transactions described herein involve potential costs and risks. Please review roles, responsibilities, and risks.