Company ProfileCity & Continental Securities LLP is a City of London based company operating in the LIBOR based bond, loan and forfaiting markets.
The company was founded in 1999 by Oliver Butt, formerly of Salomon Brothers, Henry Keller and Mark Littlejohn both from Bank of America. Since then the company has expanded and has developed a niche in distressed debt as well as the conventional bond markets and now employs twelve highly experienced dealers, servicing institutional clients in a range of instruments from illiquid Eurobonds through to the repackaging and securitisation of secondary market loans.
How City & Continental can help you
From price discovery, through to the sourcing of high yielding distressed debt, City & Continental's staff deal provide financial institutions with expertise and breadth of vision in the often opaque bond and loan markets.
- Identification of value & comparative value
- Sourcing/sale of illiquid secondary market bonds
- Asset swaps and repackaging
- Secondary market loans and syndicated loans
City & Continental Securities LLP clears its bond transactions through Pershing Securities Ltd via a "Model B" clearing arrangement. Under this agreement, Pershing undertakes to honour transactions we strike in the market and therefore becomes the counterparty to our clients. Pershing is fully owned by Bank of New York, which is rated Aa2 by Moody's.
We can offer, in certain circumstances, custody services to customers, Pershing Securities acting as nominee. For further information regarding Pershing, please contact us directly, or see Pershing Securities Ltd.
RegulationCity & Continental Securities LLP is authorised and regulated by the Financial Services Authority (FSA).
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