Fincor Institutional Presentation

FINCOR – Sociedade Corretora, S.A. A Winning Formula in the Financial Markets

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Patris Investimentos, SGPS

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Shareholder Structure

100%91,36%

100%

100% 100%

DC Seguros

99%

IMOPATRIS

F.E.I.I.

Acquired in July 2009 by

Patris Investimentos

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Fincor – Sociedade Corretora, S.A.

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Fincor – Sociedade Corretora, S.A.

� Portugal’s largest independent stock broker with over 20 year track record in the

capital markets, regulated by the Bank of Portugal, CMVM and member of Euronext’s

four markets

� 100% subsidiary of Patris Investimentos, SGPS since July 2009

� Adding value to clients by offering a complete range of financial products and services with unique impartial approach and deep local knowledge, in a user-friendly

environment, at extremely competitive costs

� Now part of Patris’ “one-stop-shop” for financial products, offering:

� Insurance brokerage;

� Banking products:� Deposits

� Loans

� Taylor made financing solutions

� Capital markets;

� Fixed Income;

� Portfolio management.

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Fincor at a Glance

SERVICES

� Global Order Execution

� Day trader and Money Manager

� Online trading

� Stock Portfolio Management

� Global Custody Services

� Margin Lending

� Consultancy

PRODUCTS

� Stocks

� Warrants

� Futures, Options & Commodities

� CFDs

� International Funds

� Structured Products

� Forex and Money Markets

� Fixed Income

PLATFORMS

� Desk Trader

� Electronic / STP

� Financial Centres

� Market Order Collector for:

� GL

� Bloomberg

� Reuters

� ECN

� FIX

PARTNERSHIPS

� IG Markets

� Sungard Group

� Interactive Brokers

� Credit Suisse

� Cheuvreux

� BNP Paribas

� Caja Madrid

� AKJ

� Inversis

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Business Model 2008 2009 2010 2011

Financial Products i. Stocks i. Stocks i. Stocks i. Stocks

ii. CFDs ii. CFDs

iii. Other Derivatives iii. Other Derivatives

iv. Forex iv. Forex

v. Money Markets v. Money Markets

vi. Fixed Income

Clients i. Private Clients i. Private Clients i. Private Clients i. Private Clients

ii. Institucionals ii. Institucionals

Channels i. Telephone i. Telephone i. Telephone i. Telephone

ii. Branches ii. Branches ii. Branches ii. Branches

iii. Online iii. Online

iv. Electronic Execution

Business Areas i. Brokerage i. Brokerage i. Brokerage i. Brokerage

ii. Margin Lending

iii. Asset Management

iv. Dealer

Evolution

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Portugal’s

largest

independent

broker in the

equity stock

market

Equity Stock Market – CMVM League Table

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Our Services

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Fincor’s Objectives

FINCOR AIMS TO PROVIDE:

� Best execution

� Cost effectiveness

� Full range of financial products and services

� User-friendly environment

� Client support

� Independence and impartiality

� Transparency

� Real time execution

� Straight Through Processing

� Capturing retail flow through aggregators

� Enhancing trading efficiency for corporate institutions

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WHY FINCOR?

� Portugal’s largest independent stock broker

� Global approach to Execution, Clearing and Custody

� Full range of financial products: Equities, Derivatives, MM, FX and Bonds

� Cost effective solution

� Increasing market share in Portugal, now exceeding 5% in shares trading

� Direct Market Access (DMA) trading:

� See and interact directly with the order books of a range of international exchanges

� Gauge the market’s liquidity and place orders at any level

� Avant-garde pack of solutions that includes state of the art trading and risk control

management platforms

� Truly independent approach with fully impartial advice

� A business oriented proactive team

� One-to-one personalised service

Service

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Client Base

OUR CLIENTS ACROSS EUROPE, USA, AND LATAM

� Retail and investment banking community

� Insurance companies

� Institutional fund managers

� Equity investment consultants and money managers

� Family Offices

� e-Brokers, e-Banks

� Retail aggregators

� Stock exchanges

� High Net Worth individuals

� Other private clients

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Accessing the Financial Markets

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Market Access

ACCESS TO MARKETS WORLDWIDE

London Frankfurt

Zurich

ScandinaviaAmsterdamBrussels

Singapore

Sydney

Tokyo/Osaka

Hong Kong

Round the clock CFDs desk

New York

Paris

Milan

Lisbon

Madrid

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Accessing the Financial Markets

Global Coverage and Footprint• Research• Trading• New Issue• Sales and Relationship Management

Global Coverage and Footprint• Research• Trading• New Issue• Sales and Relationship Management

InstitutionalInvestors

PrivateInvestors

Internet

Efficient ProcessingEfficient Processing· Global Order and Execution Management· Straight Through Processing· Global Order and Execution Management· Straight Through Processing

ElectronicPlatforms

Global Coverage� Execution� Technical Analysis� Sales and Relationship Management� Call Centre

Capturing Maximum Order Flow ThroughElectronic Platforms

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Electronic Trading Diagram

FINCOR

ElectronicTrading

FIX

Gateway

V4.2

(V4.3)

Bloomberg

Sungard

Global Trade

StockExchange

ECN

InternalExternal

CrossSelling

Execution

Institutional

Fund Managers

Retail Banks

Small Investors

Day traders

Financial Shops

Remote Screens

• Sungard

•Bloomberg

• APIs

• Internet Portals

FIX Engine

Membership:

Euronext- Lisbon- Amsterdam- Brussels- Paris

Access to:

NASDAQ / AMEX / NYSECopenhagenFrankfurt (XETRA)HelsinkiLondonMilanMadridOsloStockholmZurich

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RCOMS

RCOMS

manager

FINCOR

Lisbon

Electronic Connectivity

Remote GL Win screen

APIs

Bloomberg

GL Net

E C N

Brokers

O

M

S

OMS

manager

FINCOR

Lisbon

FIX

FINCOR Trading System

Cash Markets

NasdaqNYSEAMEX

Euronext Membership

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FINCORDerivatives Trading System

(Internet Protocol)

Electronic Connectivity

W W W

Derivatives

Chicago Board of TradeChicago Board Options ExchangeChicago Mercantile ExchangeCommodity Exchange IncNew York Board of TradeNew York Futures ExchangeNew York Mercantile Exchange

Financial Instruments ExchangeICELIFFELondon Metal Exchange

Eurex AG

B

R

O

K

E

R

S

RCOMS

RCOMS

manager

FINCOR

Lisbon

O

M

S

OMS

manager

FINCOR

Lisbon

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The STP Process

FINCOR(Lisbon)

Execution

• Global Broker Relationships• Local Broker Relationships• Direct Exchange Memberships

Execution

GlobalCustody Systems

Clearance & Settlements

Custody Reporting

Client Custody Reporting

GLOBALCUSTODY

ACCOUNTS

SettlementInstructions

Creation

Order EntryNetworks

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The Workflow Diagram

Confirmation, Matching & Clearing

Client Fincor

Order

Confirmation Confirmation

Order

Matching

Trade

FrontOffice

BackOffice

Trade

Instructions Confirmation

Exchange

AgentBank

Electronic Matching & Confirmation:

• S.W.I.F.T.

• FIX

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Contacts

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FINCOR – Sociedade Corretora, S.A. Tel.: +351 (21) 382 40 00Rua Castilho, 44 – 4º Andar 1250-071 Lisboa Fax: +351 (21) 0434 229www.fincor.pt Email: [email protected]

Headquarters:

José Manuel Duarte [email protected] +351 (21) 382 40 20Sales Trader

Vasco Passanha [email protected] +351 (21) 382 40 35Sales Trader

Institutional Clients Team:

Contacts

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Nuno Gouveia [email protected] +351 (21) 382 40 26Head of FX / Money MarketsFixed Income +351 (21) 382 40 30

Forex / Money Markets / Fixed Income:

Francisco Oliveira [email protected] +351 (21) 0434231Sales Trader

Paulo Agostinho [email protected] +351 (21) 0434232Sales Trader

Maria José Marcelino [email protected] +351 (21) 0434233Sales Trader

Individual Clients Team:

Contacts

Fincor Institutional Presentation

Economy & Finance

Transcript of Fincor Institutional Presentation