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DEALING 3000 SPOT MATCHING FOR CROATIA

DEALING 3000 SPOT MATCHING FOR CROATIA. TREASURY BROKING SERVICE PIOTR ODRZYWOŁEK APRIL 25TH, 2008 ACI SPLIT. Spot Matching Forwards Matching FX Options Matching Market Share (basis: BIS reporting) Foreign Participation. Czech & Slovak Reps, Hungary, Poland, Romania, Russia, Turkey

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DEALING 3000 SPOT MATCHING FOR CROATIA

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  1. DEALING 3000 SPOT MATCHING FOR CROATIA TREASURY BROKING SERVICE PIOTR ODRZYWOŁEK APRIL 25TH, 2008 ACI SPLIT

  2. Spot Matching Forwards Matching FX Options Matching Market Share (basis: BIS reporting) Foreign Participation Czech & Slovak Reps, Hungary, Poland, Romania, Russia, Turkey Czech & Slovak Reps, Poland, Hungary, Turkey Hungary, Poland Between 35-45% of all domestic currency volumes executed on Spot Matching (official: 52% in Poland) Av. 65-70% UKI 45-55% Total 150-250 parties by currency (350 for Forint) THOMSON REUTERS MATCHING IN CEE Best Emerging Market Broker 2006 Award (FX Week)

  3. PROPOSAL FOR CROATIA • Kuna listed in the system at end of Q1 2008 • 125 international credit lines required: • so that the Bank can make markets • .. or the Bank can trade as „aggressor only” or via PB • Service launched with 5 LOIs with guaranteed terms: • a flat Monthly Fee to cover unlimited trading volume on up to 2 keystations • offer for the first 12 months, thereafter reviewed • Live Dealt Rates Service on all supported currencies is delivered via IDN

  4. PRIME BROKERAGE • Available Prime Brokers: • ABN AMRO, AIG, Bank of America, Barclays, Deutsche, Goldman Sachs, JP Morgan Chase, Rabobank, RBS • Benefits for the PBClients: • Can be used algorithmically or manually • Overcomes credit problems accessing to global markets • Access to tighter spreads = reduced cost of trading • Post trade straight through processing

  5. Hvala Thank you

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