Anindya Das

Nomura Securities International, Inc. (NSI) is a registered broker/dealer headquartered in New York City and was founded in 1969. The firm is a division of Nomura Holding America, Inc. and their ultimate parent is Nomura Holdings, Inc. (NYSE: NMR, TYO: 8604, AMS: 8604). NSI provides securities brokerage services, as well as asset management, domestic retail, global markets, global investment banking and global merchant banking services. The firm's fixed-income business consists of bond sales and trading, origination and product supply for securitization deals and real estate-focused asset finance operations (in cooperation with Investment Banking). In the equity markets, NSI offers sales and trading of domestic and foreign stocks on a global basis, primarily for institutional investors.

Nomura Securities Co., Ltd. (Private Banking) (NSC-Private Banking) is the private banking division of Nomura Securities Co., Ltd., the wholly-owned subsidiary of Nomura Holdings Inc. (TYO: 8604; ADR: NMR) in Japan. The firm was founded in 1925 as a spin-off from the securities department of Osaka Nomura Bank. Headquartered in Tokyo, NSC-Private Banking provides investment advisory and private banking services including separately managed accounts to a domestic clientele of institutions and high-net worth individuals. They also offer stock, mutual funds, bonds, ETF, REIT and FX products.

Mizuho Securities Co., Ltd. (Broker) (Mizuho Securities-Broker) is the brokerage division of Mizuho Securities Co. Ltd., ultimately owned by Mizuho Financial Group, Inc. (TYO: 8411; NYSE: MFG) in Japan. The firm was originally founded in 1917 and is headquartered in Tokyo with a network of offices throughout Japan as well as overseas representation through Mizuho entities or strategic partners (in Great Britain, Switzerland, the US, Hong Kong, Mainland China, South Korea, Singapore and India). Mizuho Securities-Broker provides enhanced equity and fixed income execution services for their clients who includes private individuals in Japan, domestic and foreign institutions, non-financial companies, financial institutions and public corporations in the securities and investment banking fields.

BofA Securities Japan Co., Ltd. (BofA Securities Japan) is the wholly-owned Japanese brokerage subsidiary of Merrill Lynch International, Inc., which is ultimately owned by Bank of America Corp. (NYSE: BAC). Founded in 1998, the firm was formerly known as Merrill Lynch Japan Securities Co., Ltd. (MLJS) and changed their name to BofA Securities Co., Ltd. in line with grobal re-branding from BofA Merrill Lynch to BofA in 2020. They subsequently became BofA Securities Japan Co., Ltd. Headquartered in Tokyo, BofA Securities Japan provides stock and bond trading, capital markets, investment banking and other advisory services to corporate clients, financial institutions and government agencies.

Epic Partners Investments Co. Ltd. (Epic Partners) is an independent Japanese hedge fund management firm which was established in 2005. Based in Tokyo, the firm provides discretionary investment and advisory services.

The Japan Securities Dealers Association operates as its name suggests, serving as an association for securities dealers in Japan. The non-profit company is based in Tokyo, Japan.

Part of Okasan Securities Group, Inc., Okasan Securities Co., Ltd. is a Japanese financial company that provides financial instruments business services. The company is based in Tokyo, Japan. The company was founded in 1923. The CEO is Hiroyuki Shindo.

Part of BNP Paribas SA, BNP Paribas Securities Japan Ltd. is a security brokers, dealers, and Japanese flotation company. The company is based in Tokyo, Japan. The company was founded in 1987. The CEO is Philippe Avril.

Part of Haitong Securities Co., Ltd., Haitong International Japaninvest KK is a financial services company based in Tokyo, Japan. The Japanese company provides fundamental coverage of over 400 companies across China, Hong Kong, Taiwan, and the Peoples' Republic of China, via their 'connect' coverage, and South Korea. The company also provides investors with a quantitative multi-factor screening of the parent company's rated universe of over 750 stocks, looking for financial strength and earnings reliability. The company conducts extensive 'corporate access' activities, connecting investors to the region's corporates, via conferences, events, field trips, and round tables, in Asia-Pacific, Europe, and the US. The company has research sales offices in Tokyo, Hong Kong, and London, and complement those in New York and San Francisco. The company was founded by Rupert J. Eastwood.

Barclays Bank Plc (Investment Management) (Barclays Bank-IM) is the investment management division of Barclays Bank Plc, the international and investment banking unit of Barclays PLC (LON: BARC; NYSE: BCS) in Great Britain. Headquartered in London, Barclays Bank-IM was founded in 1971 and provides corporate, government and institutional clients with a full spectrum of strategic advisory, financing and risk management solutions.

Nomura Capital Markets Ltd. provides financial intermediation services. The company was incorporated on June 15, 2007 and is headquartered London, the United Kingdom.

Part of Société Générale SA, Societe Generale Securities Japan Ltd. is a brokerage company based in Tokyo, Japan. The Japanese company provides brokerage services. The company was founded in 2007. Raphael Cheminat has been the CEO of the company since 2016.

Nomura Funds Research & Technologies Co., Ltd. provides fund evaluation; investment advisory, agency and management services. It also engages in the planning, evaluation, information, and consulting services associated with investment products management and administration of financial instruments. The company was founded on June 20, 2000 and is headquartered in Tokyo, Japan.

Part of Ernst & Young Global Ltd., Ernst & Young AG is a Swiss company that provides accounting services. The company is based in Zurich, Switzerland.

UBS AG (London Branch) is the Great Britain-based brokerage subsidiary of UBS AG, ultimately held by UBS Group AG (SWX: UBSG) in Switzerland. Headquartered in London, the firm was founded in 1998 and provides nimble, innovative and bespoke access to solutions, from market and insight tools, to trading strategies and execution for private, institutional and corporate clients worldwide, as well as private clients in Switzerland. They distribute, trade, finance and clear cash equity and equity-linked products. The firm also structures, originates and distributes new equity and equity-linked issues.

Exane SA (United Kingdom) is the UK-based securities brokerage division of Exane SA in France, which is owned by BNP Paribas SA (EPA: BNP). Headquartered in London, the firm was founded in 2019 and provides institutional investors with a range of services, such as research, sale and execution on European equities.

Llewellyn Consulting LLP is an independent economics advisory firm that specializes in macroeconomic, technology, policy, and political issues. The private company is based in London, UK. Llewellyn Consulting provides strategic top-down macroeconomic analysis and thought leadership to its clients. It was founded in 2009 by Graeme Ernest John Llewellyn and Preston Llewellyn, following the collapse of Lehman Brothers.

AllianceBernstein Japan Ltd. (AB Japan) is the wholly-owned Japanese fund management subsidiary of AllianceBernstein Corp. of Delaware, ultimately held by Equitable Holdings, Inc. (NYSE: EQH) in the US. The firm was founded in 1996 and formerly known as Alliance Capital Asset Management (Japan) Ltd. AB Japan is headquartered in Tokyo and manages mutual funds for individual and institutional investors.

Morgan Stanley MUFG Securities Co., Ltd. is the Japanese broker-dealer subsidiary of Morgan Stanley (NYSE: MS) in the US. Headquartered in Tokyo, the firm was founded in 1984 and provides investment banking, sales & trading, real estate and investment management products and services. It offers securities services including global sales and trading in fixed income and equities, debt and equities financing and investment research. The firm is a provider of products and services in fixed income, equities, global capital markets and investment research to corporations and institutional clients in Japan.

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) is an independent securities brokerage firm headquartered in Tokyo, Japan. The firm was founded in 1948 through a joint venture between Mitsubishi UFJ Securities Holdings Co. Ltd. and Morgan Stanley Japan Holdings Co. Ltd. MUMSS offers domestic retail brokerage services to corporate and institutional clients.

Part of Daiwa Securities Group, Inc., Daiwa Institute of Research Ltd. conducts economic research and provides financial and investment advisory services. The company is based in Tokyo, Japan. The Japanese company was founded in 2008. Yoriyuki Kusaki has been the CEO of the company since 2016.

Part of TEB Holding AS, TEB Yatirim Menkul Degerler AS is a Turkish company that operates online mobile and web platforms and provides investment brokerage services. The company is based in Istanbul, Turkey. The company was founded in 1996. Hamza Baturalp Candemir has been the CEO of the company since 2012.

HSBC Bank Plc (Broker) (HSBC Bank-Broker) is the broker/dealer division of HSBC Bank Plc, which is owned by HSBC Holdings Plc (LON: HSBA; NYSE: HSBC) in Great Britain. Headquartered in London, HSBC Bank-Broker was founded in 1880 and offers bespoke brokerage services across every major asset class for their corporate and institutional clients.