Scotia Capital (USA) launches Citadel Hill 2000
In the U.S., Scotia Capital and its parent Scotiabank have launched Citadel
Hill 2000, a $500 million Collateralized Debt Obligation (CDO) to be managed by
Citadel Hill Advisors. The CDO will provide institutional investors with the
opportunity to benefit from the expertise of Scotiabank Group and Citadel
Hill Advisors. The portfolio will consist primarily of senior secured bank
loans and will provide a foundation for launching a series of managed debt
funds. For more information, please see
Scotia Capital joins FXall
Scotia Capital has joined an alliance of leading global foreign exchange
(FX) dealers, FXall, an over-the-counter market where clients trade with their
dealers directly as principals. By joining, we will be able to provide our clients
with a low-cost, one-stop online FX trading platform. Services that will be
provided range from the online execution of trades to accessing FX research
reports and forecasts of participating firms. For more information,
see Press Release.
Scotia Capital launches New Debt Issue Site
The site provides comprehensive, timely information about new debt issues
and their respective issuers. Designed for fixed income institutional investors,
ScotiaLive provides the information they need to evaluate a new debt issue.
The site also uses state-of-the-art security technology that requires an individual
ID and password to access the site.
Scotia Capital's foreign exchange experts have been named by international
professionals as the #1 Canadian bank for currency research and the #1 Canadian
bank for trading strategies, as reported in Euromoney Global Foreign Exchange Poll,
May 2000. For leading edge ideas, contact our
Foreign Exchange team.
Scotia Capital Celebrates Noteworthy Accomplishments
Scotia Capital has received top rankings, according to Reuters, Greenwich, DBRS and
other publicly available sources. We have been rated as #1 Asset-Backed Securities term
underwiter for 1999, with the largest public securitization underwriting in Canada,
the $1.3 billion Hollis Receivables Trust. We have also been ranked #1 for Risk
Arbitrage Research, Sales and Trading; #1 corporate bond trading desk by volume (with
18% market share); and #1 market penetration in MTN programs.
As a testament to the strength of our people, Greenwich has ranked our Analysts #1
for level of service, and 15 of our analysts also received top rankings in their
respective fields. In addition, according to Reuters, our sales team is ranked #1
in the industry. A team to be immensely proud of.
Scotia Capital Named Top IPO Underwriter in Canada
Scotia Capital has been named Canada's top underwriter of
initial public offerings (IPOs) for 1999 in the April issue
of Investment Executive. During the year, Scotia Capital
led four major deals - including the year's biggest, Manulife
Financial Corp. - and participated in 18 others, for a total
of 22 deals.
ScotiaMocatta Receives Top Rankings by Risk Magazine
ScotiaMocatta, the bullion and base metals business of Scotia Capital,
has been voted No. 1 for Copper and No. 1 for Other Base Metals and Exotics
(Zinc, Lead, Nickel, and Tin) in the category Cash to 3 Months.
This recognition was published in the Risk Magazine Commodity Derivative
Rankings for 2000. The rankings were polled amongst market participants worldwide.
Visit the ScotiaMocatta
pages to learn more about their products and services.
Scotia Capital Launches ScotiaFX
(Web-based Trading Application)
ScotiaFX (web-based trading application) is a state-of-the-art
e-commerce system that allows corporate, institutional and commercial clients
to execute and settle foreign exchange trades rapidly and to monitor online
transactions with the click of a button. With real-time market rates for
approximately 40 major currencies, it provides the flexibility and
convenience of initiating foreign exchange transactions for spot deals,
forwards and swaps. ScotiaFX also provides direct access to insightful
currency market commentary and research and allows customization of settlement
procedures online. It's secure, it's fast, and it's convenient! To find out
what ScotiaFX can do for you, visit www.scotiafx.com.
Scotia Capital Launches Quebec Equity Indices
The Scotia Capital Quebec
Indices have been designed to track the performance of the 90 largest
Quebec-based public companies. The Scotia Capital Quebec Equity 90™
Index tracks the daily performance of the 90 largest companies.
These 90 stocks are divided into two groups, forming the Scotia Capital
Quebec Equity 30™
Large Cap Index and the Scotia Capital Quebec Equity 60™
Small Cap Index.
Scotia Capital Earns Top Ranking in Globe & Mail
Scotia Capital has earned 1st place ranking among Canadian
investment dealers for selling initial public offerings. In 1999,
Scotia Capital raised $916 million through IPOs, representing
a 17.5% market share.