As a counterparty for derivative product transactions, SMBC Capital Markets offers:-

• Competitive Market-making in Swaps: SMBC Capital Markets Inc. is currently a market maker in interest rate and currency swaps and interest rate options (caps, floors, swaptions) in 19 different currencies.
  
  
• Capital Strength and Credit Quality: As a guaranteed subsidiary of Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC Capital Markets is backed by one of the largest banks in the world.
  
  
• AAA Rated Special Purpose Vehicle: SMBC Derivative Products Limited ("SMBC DP Ltd.") is a bankruptcy remote Special Purpose Vehicle with counterparty risk ratings of AAA/Aaa from Moody's and S&P. SMBC DP Ltd. can be used on a selective basis for booking certain types of derivative products for highly rated counterparties.

• Global Coverage: SMBC Capital Markets operates out of New York, London and Hong Kong , quoting prices on a 24-hour basis.
  
  
• Advice on Innovative Structures: SMBC Capital Markets will work together with its clients to provide advice on interest and currency management issues and to design solutions to match precisely its clients needs: from simple transactions to off-market, irregular cash flows, from short maturities to long dated structures, from small to very large size.