Equity Sales & Trading
Hapoalim Securities provides quality cash and derivative equity execution capabilities to institutional investors around the world. Our client roster covers the gamut of fund strategies including long only, long/short, deep value, distressed, sector specific, index arbitrage, risk arbitrage, and global macro. Our goal is to provide the best execution possible by carefully participating in all pools of liquidity (electronic, exchange traded, or third market) while considering the criteria that affect the movement of stock prices at any given point in time.
Hapoalim Securities redistributes fundamental research on Israeli growth companies written by professional analysts employed by our affiliate, Bank Hapoalim B.M. The research product has an emphasis and strength in diversified sectors, including technology, communications and pharmaceutical companies. The strength of Hapoalim's relationships with these companies allows us to provide clients with access to the managements of the companies as necessary.
Building on Hapoalim Securities’ legacy of servicing Israeli asset managers and corporations, this desk also services high net worth investors, and trades all instruments on behalf of these clients. The Israeli Trading desk has earned an enviable reputation for its expertise in trading stocks of companies listed on both U.S. and Israeli markets.
Financial Institutions Group
Services the investment and trading needs of investors requiring “high touch”, such as bank trust departments, independent trust companies and asset managers who service high net worth individuals. Administrative and operational issues are taken into consideration in all relationships with a goal of simplifying them from the clients' point of view.
Corporate Treasury Services
Building upon the Hapoalim Group’s considerable legacy of banking relationships with Israeli corporations, Hapoalim Securities USA, in conjunction with Bank Hapoalim’s Israeli Business Department, offers corporate financial officers services to assist in the management of corporate cash in accordance with the corporation’s investment policy.
Hapoalim Securities provides expert analysis and valuation of a diverse range of debt instruments; including investment grade and high yield corporate issues. Our fixed income expertise also extends to emerging markets’ sovereign and corporate debt, along with trading and execution services. Our experienced team also offers views on interest rate and credit market fundamentals and related investment strategies.
US Agencies Underwriting, Sales & Trading
The Agencies team is an experienced group of professionals dedicated to servicing our clients' need for AAA rated government sponsored entity (GSE) or “agency” debt. Our clients include regional broker/dealers, institutional asset managers, and corporations. We specialize in underwriting new issues of the Federal Home Loan Bank (FHLB), Federal Home Loan Mortgage Corporation (“Freddie Mac” or FHLMC) and Federal National Mortgage Association (FNMA).
Interdealer Bond Brokerage (Vilas & Hickey)
Operating as a division of Hapoalim Securities, this group of "brokers' brokers" has been serving the needs of the market for approximately 30 years. Vilas & Hickey (V&H) provides critical trading and execution for proprietary dealers, regional broker/dealers, and retail brokers. Securities covered include investment grade, convertible and high yield corporate issues, as well as emerging markets’ sovereign and corporate debt.
Private Equity & Alternative Investments
Hapoalim Securities is involved with a unique collection of funds ranging from early stage venture capital to mature private equity funds sponsored by Poalim Capital Markets Ltd, one of Israel's most active fund sponsors.
Structured Product and Brokered CD Underwriting and Distribution
The Structured Product and Brokered CD Underwriting and Distribution group assists corporate clients and independent banks in managing their funding needs, a critical function for institutions. Our experienced team of professionals has underwritten Billions of dollars of CDs and Structured Products for a wide array of issuers, structuring payoffs that appeal to all types of investors. Our nationwide network of dealer relationships and end accounts allows us to distribute deals of all sizes.
Hapoalim Securities provides a full range of equity derivative solutions to institutional, corporate, and high net worth clients. Our products range from listed options to tailored over the counter solutions. Our team of salespeople works actively with their clients to provide value added advice for their hedging needs. Our team of traders provides liquidity and ensures that our clients receive best execution.
Hapoalim Securities maintains a superior execution and advisory platform in emerging markets (EM) debt securities. The sector now contains a substantial number of investment grade issuers due to recent improvements in credit fundamentals, giving a broader range of opportunities and diversification with higher returns. Our services include analysis, advice and execution in instruments issued by the public and private sectors and in a variety of currencies. We have extensive experience in the distressed credit sector as well. Our EM team is available to discuss and evaluate investment goals and strategies.
Convertible Underwriting, Sales & Trading
Hapoalim Securities utilizes a dual-prong approach to determine the optimal position in the capital structure. Quantitative analysis is integrated with Hapoalim’s fundamental research and/or the fundamental research/opinion of our clients to create the best possible transaction.