SMBC Nikko Securities Looking For New Hires For U.S Clients

These new hires will contribute to the strengthening of high-touch and low-touch trading partnerships for Japanese stocks with North American customers. They will also concentrate on the continuous expansion of the US equities liquidity pool with worldwide customers as our client base grows. Furthermore, the commercial expertise of joining our team to produce these new goods using equity funding strengthens the growth of our equity product offerings.

“These hiring help strengthen our commitment to our equity customers and the broader equity business,” said Masahito Nonaka, Deputy President, SMBC Nikko Securities America, Inc. The team intends to exploit SMBC's expertise in creating new equity product offerings, in addition to adding new customers to our institutional business. Completing this will only increase our visibility in the institutional equity community.

Allen Jordan joins as an Executive Director focusing on equities sales trading in the United States. Mr. Jordan worked at KeyBank for three years before joining the business, where he specialized in high-touch sales selling US stocks. Prior to joining KeyBank, he worked for Macquarie and Bear Stearns, where he honed his existing contacts and product understanding of low- and high-touch trading with both domestic and foreign stocks.

Marc Rosa joins as an Executive Director and international equities sales trading expert, having previously covered Asia-Pacific for North American customers at Macquarie for 18 years. He has strong client ties across numerous execution channels and is regarded as an APAC market structure specialist. Mr. Rosa will also be in charge of leveraging his contacts for US stock sales trading, low-touch Japanese equities sales, and providing innovative solutions such as ADR conversions and program trading.

Ted Langworthy joins as an Executive Director and the team's Head of Equity Finance. He spent the previous two decades in securities lending and equity financing with numerous global financial institutions, including Morgan Stanley, Deutsche Bank, and HSBC, where he provided customers with a wide range of financing products and synthetic finance solutions.

The team intends to use SMBC's solid balance sheet and capital base to provide more liquidity to the securities lending and financing markets. They want to do so via secured financing transactions and, ultimately, by using SMBC Nikko's extensive Japanese retail onshore network. To provide what it can to hedge fund customers, the firm's platform will serve interdealer brokers, collaborate with agency and principle lenders, and coordinate with the introduction of the synthetic prime brokerage, which is scheduled for Q3 2023.

About SMBC Nikko Securities America, Inc.

SMBC Nikko Securities America, Inc. is a subsidiary of the SMBC Group, one of the world's biggest financial conglomerates. SMBC Nikko Securities America, Inc., based in New York City, offers investment securities and other financial services to corporate and institutional customers in North America and Latin America. Mutual funds, hedge funds, and other investment advisers are among the institutional investors served by SMBC Nikko Securities America, Inc.

The SMBC Group

The SMBC Group is a world-class financial conglomerate. With a 400-year history and headquarters in Tokyo, SMBC Group provides a wide variety of financial services, including banking, leasing, stocks, credit cards, and consumer financing. In almost 40 countries, the Group has over 150 offices and 86,000 workers. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the parent company of the SMBC Group, one of Japan's three major banking companies. SMFG shares are traded on the Tokyo, Nagoya, and ADR markets in New York (NYSE: SMFG). Its total assets were $1.97 trillion as of June 30, 2022.

SMBC Group has operations across the Americas, including the United States, Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group provides a variety of commercial and investment banking services to its corporate, institutional, and municipal customers, backed by the capital strength of SMBC Group and the value of its Asian partnerships. It links a wide range of clients to local marketplaces as well as the organization's broad worldwide network. Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A.

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