Sales & Trading Expertise

A Growing Fixed Income Platform Offering Specialized Expertise

While other firms have minimized their fixed income capabilities or left the business altogether, we’ve added top industry sales, trading and analytic specialists who offer extensive experience, strong expertise and long-standing relationships with multiple tiers of investors.

 

Government and Agencies icon: toggle

  • Averaged more than $2.4 billion per month in trading volume in 2018
  • Completed more than 800 new issues within the past five years, underwriting deal sizes up to $395 million
  • Offers tenured trading and strategy/analysis support and ideas customized to our clients

High-Yield/Distressed Corporate Bonds icon: toggle

  • An industry leader with one of the largest, most experienced and specialized high-yield teams
  • Operates under a unique “riskless principal execution” model, allowing us to remain focused on our clients rather than inventory
  • Consists of 30 salespeople, traders and analysts who maintain deep relationships and offer efficient execution, unbiased ideas and deep sector coverage and analysis to institutions

Investment-Grade Corporate Bonds icon: toggle

  • Increased our investment-grade average monthly trading volume compared to 2014, averaging $5.2 billion in monthly trading volume in 2018
  • Added more than 20 investment-grade corporate bond sales, trading and analytical professionals since 2015
  • Invested in Market Axess to complement our trading capabilities
  • Commits capital and offers liquidity to our customers

Municipals icon: toggle

  • Ranked the No.1 municipal underwriter nationally on an annual basis since 2009, senior managing 800–1,000 issues per year over the past five years*
  • An industry leader with one of the largest specialized municipal teams including top underwriters, traders, salespersons and analysts
  • Complemented by a national public finance team serving issuers across the country

Securitized Products icon: toggle

  • Averaged more than $4+ billion per month in trading volume in 2018
  • Has grown within the last three years, adding more than 30 top sales and trading professionals
  • Offers deep trading, strategy and analytical expertise in a variety of mortgage-backed securities, asset-backed securities and collateralized loan obligations
  • Commits capital and offers liquidity to our customers

*Based on number of issues from January 1, 2014-December 31, 2018, per Ipreo MuniAnalytics.