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Markets Clearing and Futures Execution

Global execution and clearing services

 
Our team delivers high-quality execution and clearing of futures and options and clearing of over-the-counter (OTC) derivatives to institutional customers globally.
As a registered futures commission merchant (FCM), our business is set apart from most bank-owned FCMs by operating as a customer facilitation business. Our customer base is largely comprised of commercial banking relationships and not solely based on a prime services model.1 This direction results in a more diversified, higher-quality customer base spanning the spectrum of institutional users, thus improving the overall risk profile of our asset pool. We provide:
  • 'High-touch' voice brokerage
  • Direct market access for self execution
  • Customized full-service clearing services
  • Single point of contact for OTC and listed futures expertise

Futures clearing

By providing direct clearing services with major exchanges and central clearing houses, we are able to deliver full support for your trading activities.
We can also meet your derivatives trading needs and provide operational, financial, and risk management expertise. In addition, we provide a single point of contact and collateral optimization options to help you efficiently manage your collateral.

Over-the-counter derivatives clearing

Central clearing services

Our automated workflow optimizes your efficiency with its ability to process scale and volume.

Web-based customer portal

Derivatives Access, our web-based portal for credit, risk, and treasury management, provides a centralized hub for:
  • "What if" trade simulation and margin calculations
  • Early margin estimation
  • Real-time position limit monitoring and alerts
  • Standard and customized reports
  • Three-way proprietary reconciliation tool

Futures Execution

Electronic trade execution of derivatives on a variety of global exchanges, including:
  • Food & Agriculture
  • Metals
  • Energy
  • Equity Index
  • Interest Rates
  • FX

Extensive market access

We provide you access to an extensive network of more than 45 exchanges worldwide and remain your direct counterparty.2

Voice Brokerage

With institutional execution desks in Charlotte, Chicago, New York, and Los Angeles, we can execute 24 hours a day across all asset classes, provide direct access to trading floors, and specialize in multi-exchange, multi-asset class execution.

Electronic trading

  • Trading Technologies: Get direct market access through Trading Technologies (TT) X Trader for real-time trading across multiple markets, all from one fully customizable screen.
  • Bloomberg: We also provide quick trade execution through Bloomberg EMSX.
  • Fidessa Futures & Options Platform
  • Direct iLink access to Globex
  • FIX connectivity
  • Redi
  • CQG
  • CME Direct
  • Bloomberg Tradebook
  • Quantitative Brokers

Why Wells Fargo?

  • Highest market capitalization of any bank in the world3
  • One of the highest credit ratings (AA-) for an FCM4
  • "Best Bank" in the 2013 Global Awards for Excellence5
  • #1 Ranked Bank Brand in North America6

What sets us apart

Efficient technology

We can help you manage exposure and gain operational efficiency through:
  • Trade lifecycle based reporting
  • Reconciliation capabilities
  • Customizable real-time market analytics (for some products)

Superior services

We offer several services tailored to your needs.

Our service strengthsShow Details

 

Superior customer service

  • A single point of contact for both OTC and listed futures expertise
  • Centralized and streamlined customer support operations based in the U.S.
  • Experienced in trade processing, deliveries, and option exercise and assignment

Reliability

Wells Fargo & Co.:
  • Is one of the oldest, continuously operating financial institutions in the world
  • Was profitable every year throughout the financial crisis
  • Continues to grow organically without overextending itself

Credit

  • Wells Fargo Securities AA- Fitch rating3
  • Commercial bank base with strong balance sheet and low cost of funding
  • Risk management is independent from FCM

Experienced front office staff

  • Execution sales team members average more than 20 years' experience
  • Knowledgeable clearing sales team dedicated to market specific needs such as food and agriculture, energy, and financials
 
1 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.
2 Access to global exchanges are either through Wells Fargo Securities' direct memberships or 3rd party carrying brokers.
3 Market Cap as of 7/31/13. Source: 2007-2013 © Commercial Banks of the World. Banks Daily.com. Banking News & Directory. 03/2013.
4 Represents Fitch rating for Wells Fargo & Company.
5 Euromoney magazine, July 2013.
6 Brand Finance Banking 500 report 2012. MC-6154 (7/13)
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 member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC and Wells Fargo Bank, National Association. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
Wells Fargo Securities, LLC, Wells Fargo Institutional Securities, LLC, and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts. The risk of transacting in futures, options, and swaps can be substantial. Futures, options, and swaps involve risk and are not suitable for everyone.