Money Markets

King & Shaxson's pedigree is evident as a member of the London Money Market Association (LMMA) and with the Debt Management office as a primary participant in UK Treasury Bills.

TREASURY BILLS

Our pedigree within money markets is evident to this day, as a member of the London Money Market Association (LMMA) and with the Debt Management Office as a primary participant in UK Treasury Bills. This privileged position provides direct access to the primary market via the weekly tender and advice is available on the bidding process to ensure optimum yields are attained.

Primary participant in the UK Treasury Bill tender.

DEPOSITS

A trading service in certificates of deposit and the placing of fixed term deposits is available, with access to wholesale rates from leading banks and building societies, enabling clients to place funds competitively. As a matched principal dealer in negotiable instruments, not only is clients’ anonymity assured but client orders can be aggregated to satisfy minimum dealing requirements. This means that clients have access to market rates for less than market size.

Discount houses played an integral part in money markets and acted as the intermediary between the Bank of England and the clearing banks.

REPO MARKET

King & Shaxson is set up to facilitate the trading of repo on an agency and bilateral basis with a service that includes full collateral management; monitoring the value, managing margin calls and dealing with coupon payments.