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An early pioneer of interest rate swaps and options, medical we remain a leader in interest rate derivatives, offering customers a full range of instruments: swaps, options, floors, caps, collars, swaptions and more complex structures. These services are delivered in the context of a long-term relationship based on an understanding of your evolving needs for liability management, yield enhancement, and implementation of market views. We emphasize customer focus, innovation, execution, global reach and superior talent.We have earned our position as the leading provider of foreign exchange services by going beyond the basic and requirements of fair pricing, rapid execution and 24-hour delivery. We provide customers with the related risk assessment and risk management assistance, based upon our extensive knowledge and participation health in global markets. The integration insurance of our foreign exchange, capital markets and derivatives teams enables us to deliver comprehensive customer solutions.

Our company''s US Dollar Commercial Payment solution set provides financial institutions with an international commercial payments offering that enables you to better serve your clients. Our medical company''s commitment to the payments market is underlined by our continued investment in technology and our constant drive for optimum and operational reliability, flexibility and performance. Through the automation of transactions, costs and errors have been significantly reduced. For US dollar transactions, Our company has one of the highest straight-through rates in the industry. Financial Institutions are increasingly looking for liquidity management solutions such as pooling, concentration services and investments. This enables International Bankers to better manage their global account balances in order to maximize returns and minimize foreign exchange risk. Our company health has long been recognized as a leader in liquidity management solutions and continues to be at the forefront, offering solutions tailored to meet the ever-changing demands of today''s International Banker. Our company''s automated processes capture and deliver various levels of information, ensuring that you have access to the details you require regarding your global account positions. Whether you need a local liquidity management or a regional treasury management solution.

Derivatives Equity Derivatives We offer Equity Derivatives Products and structured solutions using Equity Derivatives to our corporate insurance customers and institutional investor base globally. These products allow you to target specific market exposure or to manage specific risk in your investment decisions. We provide customers with liquidity and innovative products and strategies in listed and OTC derivative markets worldwide. We are a leader in trading listed options, index options, medical baskets and futures on the Amex, CBOE and Chicago Mercantile Exchange. In Europe, we have a strong reputation in OTC options, warrants and listed futures and options. We are expanding our presence in corporate derivatives, and creating innovative solutions such as share disposal strategies, share buybacks and ESOPs. We also are a noted innovator in the Japanese derivative markets, trading yen fixed income futures and options and other derivative products.

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