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.
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).
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)
Non-Agency Securities and Loans (Private Label and GSE Credit)
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:
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:
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.
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:
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:
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:
Access here to learn more about our global Short Term Fixed Income business
DEBT CAPITAL MARKETS
Main products and services:
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:
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.
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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:
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.
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®.
Santander US Capital Markets LLC: 150696
