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Cecabank Report 2018
Our business model
Operations are always carried out according to our guidelines which
guarantee a high degree of both liquidity and solvency.
In addition
Cecabank is the Spanish Treasury Public Debt market maker,
participating actively in tender processes and providing the liquidity of the
secondary market.
The bank
is a direct member of the main Central Counterparty Clearing
Houses
(Meffrepo, LCH London, LCH Paris and Eurex).
In 2018:
•
The entity has consolidated its commitment to technological innovation
with the further presence of the SICE platform by FX, complemented
with the Online FI bonds contracting platform. The latter has initiated
its activity in Cecabank's online banking system since July, and it has also
been marketed to other entities with great success. The platform is the
first major online contracting project specialising in fixed-income, created
after the implementation of MiFID II, which means it has been completely
adapted to it.
•
The entity's liabilities
have been optimised, anticipating the changes
expected in the inter-bank markets and the indexes.
•
We have continued diversifying our clients according to their type, with
the number of and income from non-traditional clients growing.
Cecabank is the Spanish Treasury
Public Debt market maker
Treasury Management
The Trading Room carries out operations on the main national
and international (public and private) bond, currency, equity and
derivatives markets.
Equities
sales
Debt Capital
Markets
Technology
Solutions
Financial
markets
Banknotes
4 | 4.2