BNP Paribas is headquartered in France and has an
extensive international presence, while Cadiz Securities has a
substantial and diversified domestic client base active in stock
broking and equity derivatives.
Employing the expertise of both founding partners,
BNP Paribas Cadiz Securities is ideally positioned to market and
sell South African equity products to institutional investors in
South Africa and abroad. It provides global solutions in cash
equities, equity derivatives research and brokerage to both local
and international clients, backed by a well-grounded conversancy
with emerging market dynamics.
BNP Paribas, rated AA- by S&P, is one of the
strongest banks in the world. It is represented in over 80
countries in both developed and emerging markets and has built an
outstanding reputation for its retail banking, investment solutions
and corporate and investment banking. It brings to the joint
venture a strong balance sheet, an international client base,
electronic trading capacity and top quality international
research.
Cadiz specialises in research and trading in the
equity derivatives and fixed income markets, as well as
quantitative and fundamental research, stock broking, asset
management, retail wealth management and structured solutions for
corporate, institutional and retail markets. It is not only
recognised as a South African authority in equity derivative
trading but has enjoyed an unsurpassed track record as South
Africa's top derivatives research house for 15 consecutive years,
according to the independently-run Financial Mail analysts' annual
rankings. These rankings also rate Cadiz very highly for its
risk, qualitative and innovative research.
By capitalising on the international network and
market expertise of BNP Paribas, with its global reach in cash
equities and equity derivatives and the proven expertise and
leadership of Cadiz in the South African environment, BNP Paribas
Cadiz Securities is able to offer excellence and a highly
competitive product and service range, that
includes:
- Cash equities
- Equity derivatives
- Structured products and
structuring
- Transition management
- Research
BNP Paribas Cadiz Securities is led by CEO, Dan
Ahern, previously MD of Cadiz Securities and chairman, Ram Barkai,
who is CEO of Cadiz Holdings. Cadiz provides all support services
and infrastructure in human resources, information technology,
finance, risk, marketing and management.
BNP Paribas Cadiz Securities is owned jointly by BNP
Paribas (60%) and Cadiz (40%).