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SANTANDER US CAPITAL MARKETS

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Santander US Capital Markets LLC (SanCap) is the institutional broker-dealer of
Santander in the United States operating under Santander Corporate & Investment
Banking (Santander CIB), a Santander global division that supports corporate and
institutional clients.


SanCap was created by successfully combining the experienced teams of Santander
Investment Securities Inc. and Amherst Pierpont Securities LLC in early 2023.
The firm brings significant experience in Fixed Income, Structured Products and
Equities, supported by the strength of a large international bank. The breadth
of our underwriting, sales and trading and distribution capabilities, alongside
strategy insights, provides an unmatched ability to meet the needs of our
clients.
 

 

About us

SanCap benefits from a combination of Santander’s global reach and access to
financial hubs together with extensive local market knowledge and regional
expertise.

SanCap is focused on providing solutions to our clients in areas such as Credit,
Rates, Structured Products, Securities Financing, Debt & Equity Capital Markets,
Exchange Traded Derivatives, and Cash Equities. We serve a wide array of
institutional clients including Asset Managers, Hedge Funds, Banks and
Brokerages, Pension Funds, Insurance Companies, and Corporations.

SanCap is a self-clearing member of the Fixed Income Clearing Corporation and a
member of FINRA and SIPC. It continues to hold the Primary Dealer designation,
which was received from the Federal Reserve Bank of New York in 2019. SanCap is
registered as a Futures Commission Merchant (FCM) with the Commodity Futures
Trading Commission (CFTC), National Futures Association (NFA), the New York
Stock Exchange LLC (NYSE) and NYSE MKT LLC (NYSE MKT). The Company is a clearing
member of the Chicago Mercantile Exchange Inc. (CME), Chicago Board of Trade,
Inc. (CBOT), New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange,
Inc. (COMEX) and Intercontinental Exchange (ICE).

Solutions

STRUCTURED PRODUCTS

Our seasoned team of sales and trading professionals has deep market knowledge
and experience in the origination and trading of mortgage-related products and
asset-backed securities.

Our market leading presence is a result of delivering effective solutions to
help our clients meet their investment objectives. Our sophisticated market
insights and leading data and analytics platform allows us to deliver unique
opportunities and valuable intelligence. We are committed to maintaining our
edge through continued investments in our proprietary data and analytics.

Our product capabilities include:

Agency Securities (Fannie Mae, Freddie Mac, Ginnie Mae)

 * Mortgage Pass-throughs (To Be Announced (TBA) and Specified Pools)
 * Collateralized Mortgage Obligations (CMOs)
 * Agency Derivatives
 * Agency Multifamily (Agency and Project Loans)
 * Adjustable-Rate Mortgages (ARMs)
 * Reverse Mortgages (Home Mortgage-Backed Securities (HMBS) & Home Equity
   Conversion Mortgages (HECMs)

Non-Agency Securities and Loans (Private Label and GSE Credit)

 * Residential MBS (Legacy, 2.0, Nonperforming Loans (NPLs)/ Reperforming Loans
   (RPLs), Credit Risk Transfer)
 * Commercial MBS (Conduit, Single Asset, Multifamily)
 * Single Family Rental
 * Asset-Backed Securities (ABS) (Auto, Consumer, Timeshare)
 * Collateralized Loan Obligations (CLOs)

EMERGING MARKETS CREDIT

Santander US Capital Markets (SanCap) is ranked a top dealer in Emerging Markets
(EM) by MarketAxess in LatAm. We leverage our significant LatAm presence to
support our clients by using an extensive suite of credit services. The EM
credit professionals are focused on providing institutional investors with
liquidity in both EM Corporate and Sovereign bonds.

We have trading specialists for key subsectors including:

 * Sovereign Bonds
 * Energy
 * Basic Materials
 * Utilities
 * Financials
 * Consumer
 * Industrial

We specialize in flow distribution supported by our electronic capabilities and
algo-trading means. The joint experience of our strategists together with sales
and trading enables us to deliver best-in-class liquidity to our clients, while
leveraging our strong balance sheet to provide innovative solutions in
coordination with Santander’s financing and advisory teams. Additionally, our EM
desk supports Primary issuances providing critical liquidity to corporate and
sovereign EM new issuers.

We provide liquidity on several electronic platforms and are consistently ranked
as Top LatAm Credit Bond Dealer in the most relevant venues.

Access here to learn more about our global EM Credit business.

U.S. INVESTMENT GRADE CREDIT

The investment grade credit business is focused on providing our clients with
liquidity in U.S. investment grade corporate bonds and money markets
instruments.

We have trading specialists for key subsectors including:

 * Bank, Finance, and Insurance
 * Utilities
 * Metals & Mining
 * Energy & Pipes
 * TMT
 * Industrials

We are committed to partnering with our clients to help them meet their
investment objectives. Our integrated platform of sales, trading and strategy
professionals work seamlessly together to provide our clients with value-added
insight and trade ideas to help them make knowledgeable trade decisions. As a
market maker we take principal risk and strategically deploy our balance sheet
every day. This allows us to provide solutions that facilitate our clients’
investment needs.

We are able to provide liquidity on several electronic platforms including
MarketAxess, Bloomberg, Tradeweb Credit and Tradeweb Direct.

Access here to learn more about our Global Investment Grade Credit business.

U.S. RATES

Santander US Capital Markets (SanCap) business is focused on servicing the needs
of institutional clients as a principal market maker across both primary and
secondary U.S. Treasury and Agency products.

Our experienced sales and trading professionals leverage their market knowledge
and our proprietary data and analytics to identify relative value and duration
benchmarks; we ensure that our clients receive efficient execution, thoughtful
insights and data-driven market intelligence, and value-added solutions. In
addition, we strategically use our balance sheet to provide liquidity and
maintain inventory in bonds we believe would offer value to our clients.

Our product offerings include:

 * Treasury Bills
 * Treasury Notes
 * Treasury Bonds
 * Inflation-Protected Securities (TIPS)
 * Floating Rate Notes
 * Federal Agency Discount Notes
 * Federal Agency Floating, Bullet and Callable Debt
 * Money Market Securities

Designated Primary Dealer by the Federal Reserve Bank of New York on May 6th,
2019, SanCap continues to grow its presence in the U.S. Rates markets and
benefit from increased client engagement both domestic and overseas.

In addition, we are an underwriter for Freddie Mac, Fannie Mae and the Federal
Home Loan Banks.

Access here to learn more about our global rates capabilities.

SHORT TERM FIXED INCOME

We provide tailor-made solutions to our clients combining first-hand expertise
from our local desks with a broad overview from our global reach, where our
local presence maximizes our strong expertise in order to cover all our clients’
needs with a unique value proposition: all products, asset classes and
geographies covered by an integrated team.

Our Securities Finance business operates in all fixed-income assets traded by
the firm and utilizes a variety of financing methods including:

 * Tri-party repo
 * Bi-lateral repo
 * Securities lending

Our designation as Primary Dealer by the Federal Reserve Bank of New York
enables us to participate in the System Open Market Account (SOMA) collateral
lending program, and also has expanded the number of funding counterparties
available to the firm.

Our financing business leverages our self-clearing and self-funding platform.

Our money markets platform provides liquidity in a variety of products:

 * Treasury Bills
 * Treasury Notes
 * Short term GSE debt – discount notes, FRN’s, short – dated bullets and
   callables
 * Short U.S. investment grade corporate bonds
 * Commercial Paper
 * Yankee Certificates of Deposit

Access here to learn more about our global Short Term Fixed Income business

DEBT CAPITAL MARKETS

Santander US Capital Markets (SanCap) is part of Santander CIB’s Debt Capital
Markets (DCM) platform. We provide the right solutions for our clients across
different markets and currencies with proven capabilities in a wide variety of
formats.

Main products and services:

 * Strong DCM issuance capabilities for US and international companies,
   governments and financial institutions
 * Robust distribution capabilities with US investors, as part of Santander’s
   global sales network in New York, London, Madrid and in local offices in
   LatAm
 * Dedicated Liability Management team
 * Capital and Rating Advisory
 * Hybrid Instruments
 * Project Finance Bonds
 * US Private Placements
 * Environmental, Social, and Governance (ESG) / Green Bonds
 * High Yield Bonds

Access here to learn more about our global Debt Capital Markets business.

INVESTMENT BANKING

Our team provides a full range of banking, advisory, capital markets,
securitization, and liquidity solutions:

 * Covering and providing strategic content to clients across a wide range of
   industries
 * Providing corporate finance advisory services on strategic transactions and
   capital raising opportunities
 * Advising clients on Mergers & Acquisitions (M&As), including corporate sale
   processes, divestitures and carve-outs, acquisitions, leveraged buyouts, and
   joint venture (JV)/partnerships
 * Equity capital markets advisory and placement, including Initial Public
   Offerings (IPOs), Follow-Ons, Convertibles, and Special Purpose Acquisition
   Companies (SPACs)
 * Sourcing, structuring and retaining risk in asset-backed financings across a
   wide array of asset classes
 * Pioneering financing of esoteric asset classes and providing innovative
   capital solutions for first time issuers
 * Distressed investing, work-outs, and financing illiquid and credit-impaired
   assets
 * Levering our proprietary analytics to assist investors in analyzing
   securities and whole loan pools
 * Assisting investors in understanding complex/legacy assets, offering scenario
   analysis, valuation, and liquidity solutions
 * Arranging liquidity options for legacy assets and financing solutions for
   newly originated assets
 * Term and warehouse financing

We provide services to clients ranging from global large-cap and mid-cap
corporates, private equity and infrastructure investment firms, financial
institutions, family offices, pension funds, hedge funds, Real Estate Investment
Trusts (REITs), and asset managers.

EXCHANGE TRADED DERIVATIVES

Santander has been a leading global player for over 25 years with a commitment
to help clients navigate the impacts and challenges of evolving regulatory
developments in the Exchange Trade Derivatives (ETD) landscape. We offer our
institutional and corporate clients connectivity to important markets through
our broad network of major exchanges and clearing houses worldwide.

Our platform is built on a diversified geographical footprint offering execution
and global clearing of listed and cleared derivatives specializing in every
major underlying. We employ a truly competitive and collaborative experience
with our customers powered by a robust and comprehensive digital front-to-back
solution.

Access here to learn more about our global ETD business.

CASH EQUITIES

Our Cash Equities business is responsible for distributing and monetizing our
LatAm and European Equity products within the international institutional
investor base (North America, Europe and Asia), throughout the following
products:

 * Equity Research
 * Sales and Trading
 * Corporate Access

As part of Santander CIB’s Cash Equities team, Santander US Capital Markets
(SanCap) contributes to reinforce the global offering we provide.

Access here to learn more about our global Cash Equities business.

CREDIT UNION TEAM

Santander US Capital Markets LLC (SanCap) Credit Union Team focuses solely on
the unique needs of credit union investors in the fixed income markets. We have
extensive knowledge of both the credit union industry and the fixed income
markets, allowing us to offer uncommon expertise to our clients. Our purpose is
to make appropriate recommendations that structure the credit union’s investment
portfolio in accordance with board-directed policy, and to augment those
recommendations with exceptional service.

We provide the utmost level of support, education and training, concise
month-end accounting reports and quality service. It is our goal to be key
partners in success with our credit union clients. We believe that open and
candid communication is essential in this process. The working relationships we
have established with our credit union partners are based on trust that has
stood the test of time and cycles of economic volatility.

In today’s environment, the value of such long-lasting commitments to reliable
and trustworthy service cannot be understated.

At SanCap we realize that meeting and exceeding the expectations of our credit
union clients is a requirement for a mutually beneficial relationship.

SERVICES

The SanCap Credit Union Team formula for success is a simple one, but
implementing it requires dedication from both SanCap professionals and our
credit union partners. It is best summed up as:

Customization + Personalization = Optimization

Our partners are forward-looking credit union professionals who have agreed to
make a significant investment of their time and expertise toward fulfilling a
mutual goal. SanCap, in turn, invests the time and expertise needed to acquire a
profound understanding of the unique investment needs of the credit union
partner. To this, we bring our keen understanding of the financial markets and
overall knowledge of the credit union industry.

Credit union officials must continually improve and expand their products and
services to members, adopt new technologies, and endeavor to anticipate economic
trends that will affect a credit union’s performance. The SanCap Credit Union
Team is similarly dedicated to the pursuit of excellence in our own field. We
understand the growing importance of a well-positioned, responsive portfolio.

We provide our credit union partners with a customized program designed to
position the credit union’s portfolio for the best possible performance. We make
our services concise and comprehensible.

Clear, Timely Updates and Reports

We update our partners on National Credit Union Administration and appropriate
agency rules and regulations and/or changes in order to keep them informed of
new developments. We provide insight as to how these changes may affect a
portfolio’s structure and expectations, both short-term and long-term, and offer
solutions.

In addition to the month-end accounting package, each month our credit union
partners receive our copyrighted Investment Executive Summary (IES) letter that
provides board members and the management team critical information about the
investment portfolio’s performance.

Partner Education and Training

Optimal performance of a credit union’s portfolio requires a confluence of
diverse skills: An in-depth knowledge of the current institutional market
environment; up-to-the-minute understanding of pertinent rules and regulations;
and expertise with analytical software tools and strategic planning and project
management skills. Rarely is a credit union fortunate enough to find all of this
ongoing subject matter expertise among its board and staff. That’s why focused
board and committee education is crucial to supplying and maintaining the
necessary material to make sound investment policy decisions. SanCapmakes it
easy for our partners to stay abreast of these changing conditions by providing
annual training sessions and coaching in specific areas requested by the
individual credit union partner.

The SanCap Credit Union Team takes a holistic approach to the partner
relationship. We recognize that all of the diverse skills necessary for
optimization are equally important, interrelated and inseparable. Our partner
training and education component is a team initiative designed to supplement the
skills of staff and board, enhance the skill sets of our partners and thus
enable the credit union partner to make more confident, informed business
decisions.

The Human Factor

Performance measures and trend information can help our credit union partners in
their decision-making process. There are dangers to over-reliance on data, and
pure analysis is no substitute for experience and intuition.

SanCap’s seasoned professionals combine data analysis with experience and
intuition. We have spent our careers in the financial services industry and we
understand the fixed income markets, just as our credit union partners
understand the credit union landscape. We believe success is found with the
proper balance of analysis, experience and passion for one’s craft.

PARTNER EDUCATION & TRAINING

Setting policy and making investment decisions requires a degree of confidence
that comes with knowledge and trust. We believe regular, concentrated
educational sessions for board members and the management committee is a crucial
component in gaining the knowledge to make informed decisions.

The SanCap Credit Union Group’s Education and Training service is our way of
supplementing the skills of our partner’s staff and board. It’s our effort to
enhance the knowledge base of our partners, and thus enable them to make
informed business decisions.

The SanCap Credit Union Team provides all new credit union partners with an
introductory training and education session free of charge.

To keep our credit union partners up-to-date on current market conditions,
product performance and new trends, we share the cost of travel, lodging and per
diem for annual training sessions. This fee may be waived if certain conditions
are met.

Our educational sessions benefit both the credit union management and board of
directors. Our presentations are professional, informative and custom designed
to the particular needs of the client. We clarify and condense complex subject
matter into a comprehensible format using graphs, charts and illustrations via
PowerPoint™ slideshows. There is always ample time given to discussion and
answering questions. Additionally, a few of our presentations are available for
CPA credits.

CONTACT CREDIT UNION GROUP

Santander US Capital Markets LLC

Credit Union Group


1900 West Loop South, Suite 600

Houston, TX 77027

(713) 888-9152

(800) 856-1111 toll free

 cuinfo@santander.us

PARTNER LOGIN

Per NCUA Rules and Regulations, Part 703.8 Broker Dealers, you must update the
CRD standing of any broker dealers with whom you conduct business. For ease of
access, we provide ours below along with a link to FINRA’s BrokerCheck®.

CRD Numbers:

Santander US Capital Markets LLC: 150696

FINRA’s BrokerCheck®:

http://www.finra.org/Investors/
ToolsCalculators/BrokerCheck/

 

Where we are

New York (Headquarters)

 * 437 Madison Avenue, 6th Floor
   New York, NY 10022

Branch Locations

 * Austin

5001 Plaza on the Lake
Suite 200
Austin, TX 78746

 * Boston

75 State Street
4th Floor, Room 4A
Boston, MA 02109

 * Chicago

500 West Madison
Suite 3140
Chicago, IL 60661

 * Delaware (Operations Center)

131 Continental Drive
Suite 304
Newark, DE 19713

 * Fort Lauderdale

200 East Broward Boulevard
Suite 1260
Fort Lauderdale, FL 33301

 * Houston

1900 West Loop South
Suite 600
Houston, TX 77027

 * New York

437 Madison Avenue, 6th Floor
New York, NY 10022

 * Red Bank

65 Monmouth Street
Suite 307
Red Bank, NJ 07701

 * San Francisco

100 California Street
Suite 615
San Francisco, CA 94111

 * Stamford

One Dock Street
Suite 400
Stamford, CT 06902

More Santander CIB locations here

 

 



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