BNY Mellon Capital Markets EMEA Ltd Initiates Trading Operations

Apr 22, 2013

London-based business expands BNY Mellon's support for EMEA clients to include agent broker trading services

LONDON and NEW YORK, April 22, 2013 — BNY Mellon today announced the initiation of trading on the part of BNY Mellon Capital Markets EMEA Ltd. This new London-based business will provide dealing services on an agency or principal basis across a broad range of fixed income and equity securities for institutional clients in Europe, the Middle East and Africa.

Authorised and regulated by the UK's Financial Conduct Authority, BNY Mellon Capital Markets EMEA Limited is headed by managing director Ian Gass, and is co-located on the BNY Mellon Global Markets trading floor at One Canada Square in London.

Focused on providing capital markets services as an enhancement to client relationships across the BNY Mellon enterprise in EMEA, BNY Mellon Capital Markets EMEA Ltd is using existing staff and trading facilities to deliver to BNY Mellon's EMEA clients the trading services that are already being provided in the U.S. by BNY Mellon Capital Markets, LLC and BNY Mellon Global Markets.

"BNY Mellon is committed to providing service that keeps pace with the increasingly global scope of capital markets investment activity," said Art Certosimo, senior executive vice president and chief executive officer of BNY Mellon Global Markets. "The launch of BNY Mellon Capital Markets EMEA makes that commitment a reality for our EMEA clients."

"Our new startup provides a high level of convenience for clients who have requested that we expand their relationship with BNY Mellon to include support on capital markets transactions," said Ian Gass. "Operating in an open-architecture environment will enable us to provide efficient service and deliver the operational risk management benefits of straight-through-processing, including automatic confirmation of trades in client custody accounts. By providing cost-effective, reliable trading services, we will be adding value to BNY Mellon's relationships with institutional clients in EMEA."

BNY Mellon Global Markets includes the Foreign Exchange and Derivatives businesses of The Bank of New York Mellon together with the securities businesses of BNY Mellon Capital Markets, LLC, an SEC registered broker dealer1 and BNY Mellon Capital Markets EMEA Limited2. These businesses provide products for corporate, institutional and high net worth investors to access liquidity, execute investment and hedging requirements, and manage risk.  BNY Mellon's derivatives business offers hedging products based in the interest rate, currency and equity markets, and BNY Mellon Capital Markets, LLC underwrites and transacts on Exchange and over the counter markets in a broad range of debt and equity securities.

1.  BNY Mellon Capital Markets, LLC is an indirect-wholly-owned subsidiary of The Bank of New York Mellon Corporation and a member of FINRA and SIPC.

2.  BNY Mellon Capital Markets EMEA Limited is an indirect non-bank, broker-dealer subsidiary of The Bank of New York Mellon Corporation and is regulated by the Financial Conduct Authority.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon (NYSE: BK) is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

This press release is issued by The Bank of New York Mellon to members of the financial press and media.
All information and figures source BNY Mellon unless otherwise stated as at March 31, 2013.
The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818.
Branch office: One Canada Square, London E14 5AL. Supervised and regulated by the New York State Department of Financial Services and the Federal Reserve. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.
Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.