Jefferies provides sophisticated financial solutions for high net worth
individuals and the corporations they represent.



A Trading Powerhouse

Investment Bank Rank
UBS 1
Bear Stearns 2
Jefferies 3
Citigroup 4
Merrill Lynch 5
Morgan Stanley 6
Credit Suisse 7
Goldman Sachs 8
JP Morgan 9
Prudential Securities 10
Source: Autex. Ranking amongst investment banks. Based on total volume traded of Nasdaq National, Small Cap and Distressed Markets as a percentage of total volume.

Equity
With one of the largest, most experienced institutional sales forces on Wall Street, Jefferies is a top trader and provider of liquidity for small and mid-cap equities, with top-tier cash equity and electronic trading options. Connecting a network of more than 2,000 institutional investors, we trade U.S., European, Asian, Canadian, Latin American, Australian and South African securities. We specialize in U.S. listed block trades, NASDAQ market making, Distressed, capital markets/origination, risk arbitrage, special situations, pair trades, relative value, statistical arbitrage and NYSE Floor Brokerage, as well as American Depositary Receipts and Ordinary Shares. Jefferies averages more than 1,500 indications daily, makes markets in more than 5,000 securities, and trades the securities of more than 8,500 companies.

Equity Derivatives
Jefferies specializes in equity derivatives for investors seeking to manage risk and optimize returns within the equities market. Our experienced professionals have deep expertise in listed and over-the-counter transactions and products. We focus on serving the diverse needs of our institutional, corporate and private client base across multiple product lines, offering listed options, ETFs and OTC options and swaps.

Electronic & Portfolio Trading
Jefferies offers a suite of sophisticated and superior quantitative and algorithmic trading solutions as well as multiple sources of liquidity to access the global markets. We leverage sophisticated portfolio management systems, analysis and benchmark auto-trading strategies to deliver enhanced execution services and we are connected electronically to virtually every major exchange in North America, Europe and Asia.

Convertibles
Dedicated personnel in New York, London, Tokyo, and Zurich serve the complex and geographically diverse convertible markets. We offer expertise in the sales, trading and analysis of U.S. domestic and international convertible bonds, convertible preferred shares, closed-end funds, warrants and structured products, with a focus on minimizing transaction costs and maximizing liquidity. Globally, Jefferies trades in more than 750 issues and maintains active relationships with more than 450 institutional and corporate clients, with a focus on providing unparalleled client service and attention.

High Yield
Jefferies is a recognized leader in high yield finance, with a team of more than 50 professionals with integrated sales, trading, research and capital markets capabilities, in the U.S. and London. The Firm is a top trader in the secondary high yield and distressed markets, trading in more than 1,000 issues with over 300 institutions globally. We have extensive knowledge of and contacts within the high yield, distressed, and levered money investor bases, with a focus on secondary trading and providing liquidity in all market conditions.

Fixed Income
Jefferies is a market maker in investment grade fixed income instruments for mid-sized institutional clients in a broad array of fixed income products. Our experienced professionals specialize in corporate bonds, U.S. government agency securities, mortgage-backed securities, municipal bonds and emerging markets debt. We provide value added ideas and transaction execution, serving more than 1,800 mid-sized institutional clients and trading in more than 2,300 individual issues.

Commodities
Jefferies' commodities group, Jefferies Financial Products, LLC, provides innovative financial products and commodity index expertise to pension funds, mutual funds, sovereigns, foundations, endowments and other institutional investors seeking exposure to commodities as an asset class. We are a leading market maker in benchmark commodity index products and a licensed provider of swaps, options, and other derivative products linked to major commodity indices, including the benchmark Reuters/Jefferies CRB Index.

Prime Brokerage
Jefferies' experienced professionals provide outstanding execution and reporting to hedge funds, money managers, and registered investment advisors with a level of service generally reserved for the largest of institutions. We offer an integrated, one-firm approach, with top-tier securities lending, competitive financing, cutting-edge technology and access to our research and capital markets platform.

Securities Finance
Jefferies works closely with both lenders and borrowers to further increase supply, identify securities finance opportunities and to structure potential transactions, with a focus on client service, market intelligence, global perspective and insight. With offices in London and New York and access to over $1 trillion in securities, we provide liquidity across a range of equity and equity related products including ADRs, GDRs, ETFs and convertible bonds.

Correspondent Clearing
Jefferies offers superior execution and clearing with high-quality customer service and attention, efficient technology, and robust and flexible systems, significantly streamlining straight through trade processing, from account opening to trade allocation, and easy access to account data and trade reporting.

NYSE Floor Brokerage
Jefferies Execution Services Inc. provides institutional clients agency-only electronic and/or floor-broker execution for listed as well as OTC stocks and all listed options to hedge funds, other broker-dealers and money managers.