UBS
In the Asia Pacific, UBS’s program trading (PT) team comprises 10 dedicated specialists located in Hong Kong, Tokyo and Sydney. |
Its client base is diverse and includes long-only, index managers, sovereign wealth funds, national pension funds, hedge funds, transition managers and exchange-traded fund (ETF) providers. It typically trades for a high percentage of research-oriented clients to whom UBS provide a one-stop high-touch service via a global trading platform.
UBS offers 24/5 risk pricing of all listed ETFs, the ability to create and redeem a wide universe of listed ETFs, and can provide risk pricing exchange for physical type trades.
Liquidity
UBS has exchange memberships across all
developed and emerging Asia Pacific markets and a global front-to-back
portfolio-trading platform connected electronically to local experts.
The PT desk can be responsible for between 30% and
40% of visible turnover in the region and works closely with UBS sales-trading
desks across the Asia Pacific to source and match liquidity.
Tools
The UBS Fusion portal enables clients to access
pre-trade analytics and receive real-time and post-trade transaction cost analysis.
UBS’s regional footprint and trading platform allow it to trade and
execute complex portfolio trades for multiple transition managers
Capital commitment
Capital commitment is a priority for UBS as it
looks to provide clients with alternative execution solutions. This can include
simple cleanup trades and odd lots, the guarantee of trading benchmarks and
lastly pricing risk for arrival strike baskets.
Future plans
UBS will continue to develop portfolio algorithms, enhance its beta
selector product and expand its regional footprint, focusing on frontier
markets