ABN AMRO Clearing is optimistic about the future of proprietary trading

ABN AMRO Clearing is optimistic about the future of proprietary trading

ABN AMRO Clearing gets the votes of its clients for the fifth year running once again taking home the Proprietary Traders’ Clearing Firm of the Year award.

Praise from clients covered the firm’s breadth of service, professionalism and levels of customer service.

Among other areas, ABN AMRO Clearing specialises in providing clearing services to professional trading groups and counts most of the world’s major proprietary trading groups among its client base.

“ABN AMRO Clearing is on top of its game, pro-active and reliable,” said one client, while another praised the “dedicated team that is quick to automate solutions for our business.”

One of its key selling points is its market leading risk model, which allows clients to optimise collateral utilisation, leading to capital efficiencies.

According to Martin Frewer, global commercial director at ABN AMRO Clearing, the firm’s understanding of and commitment to the principal trading market is also a key differentiator.

“We actively advocate the concerns of our clients toward authorities and support our clients on a variety of issues by sharing expertise,” he says.

ABN AMRO Clearing services clients on more than 160 execution venues, including exchanges, MTFs and FX liquidity centres. The firm consistently ranks as a top 3 clearer on four continents and boasts a plus 20% market share of transactions on the largest international derivatives markets.

The firm services its clients from 11 offices across the globe, employing more than 800 staff.

“Being global enables us to tap into fast growing markets and service our clients wherever they are located or want to trade. We are seeing a lot of growth in Asia, as new firms open up in Singapore, as well as European and US clients setting up Asian operations.”

Despite the low volatility and pressures of MiFID II compliance in its core European market over the past 12 months, Frewer is optimistic about the future of the professional trading sector.

“Earlier on in the year we saw some rationalisation and some firms pulled out of the market but those that remain are adapting. Once the shock of MiFID II is over I think entities and clients will start to build again,” he says.

“The trend towards consolidation we saw at the start of the year appears to be over. There is less capacity in the market today as a result.  When the market starts to move, those still in it will be able to capitalise.”

ABN AMRO Clearing is expanding its services and expertise further into Prime Brokerage, leveraging on its integrated services, balance-sheet, financing capacity and operational efficiency.  Hedge Fund managers are looking for the right partners that can make a difference by understanding their strategy and by making them globally competitive.  ABN AMRO Clearing already successfully on-boarded some high-profile Hedge Fund managers with market making and arbitrage strategies.

“The main growth avenue for us is to diversify into the Prime Brokerage side. That requires a different skill set to what we have done historically, and we are investing in and growing that side of the business,” says Frewer.

Click here to download the full awards brochure.