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Equities

With an independent and forthright equity research product, experienced sales staff and expert sales trading and trading professionals, MainFirst has set itself the target to deliver superior stock-picking advice, thoughtful sales commentary and efficient execution and settlement in European equities for our institutional clients.

The quality of our service in equity research and sales is crucial to our competencies in advisory and execution of equity placements for corporate clients and their owners.

Services

Equity Research

Equity Research

The experience of MainFirst’s research team as well as its close relationships with corporates allow us to provide a high-quality value-added and often non-consensual product, where time-to-market is key and the focus is purely on helping our clients to achieve a positive performance. Our research product in European equities puts particular emphasis on the German, Swiss, French and Italian markets with a European sector overlay.

The equities business is backed by the independent analysis of our team of some 30 senior analysts in our offices in Frankfurt, London, Milan, Paris and Zurich. Our analysts have on average over 10 years’ experience in equity research.

Equity Sales

Equity Sales

The research team works side-by-side with our sales force. Around 35 equity sales experts, with an average of over 10 years’ experience in institutional sales, manage our active business relationships with more than 450 institutional investors in European equities.

The sales team serves our clients from offices in Frankfurt, London, Milan, Munich, New York, Paris and Zurich. It disseminates MainFirst’s research ideas and offers equity commentaries and market-specific analysis to assist clients in their selection of equities.

It is our belief that good equity research enables better investment performance – especially on an independent research platform where analysts are encouraged to give their frank and objective views at all times.

As enthusiastic stock pickers, we rely on teamwork – with our clients, as well as with each other.

Equity Sales Trading

Equity Sales Trading

Our team of 15 senior equity sales traders operates out of our offices in Frankfurt, London, Milan, New York, and Zurich and serves our worldwide client base – with a particular depth of expertise in our core markets. Committed to best execution, our local expertise and wide range of international contacts enable us to identify the relevant pools of liquidity and thus reduce transaction costs for our clients.

Timely awareness of relevant local market activities and newsflow give us a competitive advantage. With an average of more than 10 years’ experience, and a corresponding range of networks with trading partners, our team is able to deliver a highly competitive and well-informed high-touch execution service.

Equity Trading

Equity Trading

The MainFirst equity trading team is concentrated in our Frankfurt location. It consists of four execution traders with average experience of more than 18 years. Apart from direct membership of stock exchanges as well as of multi-lateral trading facilities (MTFs) such as Chi-X and Turquoise, we guarantee MiFID-appropriate execution throughout Europe and provide the following electronic execution options:

  • Algorithmic trading
  • Smart order routing
  • Working/care orders
  • Block crossing
  • Pair trading
  • Program trading
  • Full FIX connectivity

On the following stock exchanges:

  • Athens Stock Exchange
  • Borsa Italiana
  • Chi-X
  • Deutsche Börse
  • Eurex
  • Euronext Paris / Amsterdam / Brussels / Lisbon
  • Irish Stock Exchange
  • LSE London Stock Exchange
  • Nordic OMX Copenhagen / Helsinki / Stockholm
  • Oslo Stock Exchange
  • SWX Swiss Exchange
  • Turquoise
  • Vienna Stock Exchange
Equity Capital Markets

Equity Capital Markets

Our activities in Equity Capital Markets (ECM) focus on the structuring and execution of equity placements on behalf of corporates and their owners. Our clients benefit from the comprehensive expertise and wide-ranging international experience of our ECM team.

Direct access to the decision makers for the most important institutional investors in the key financial centres in Europe and the US, as well as quick and efficient internal decision-making, are the foundations of an exceptional distribution capability. Flexible thinking, the willingness to constantly challenge the status quo and the ability to develop individual solutions mean successful transactions for our clients.

By way of illustration, in 2013 MainFirst developed an innovative and tailor-made transaction structure for Evonik Industries and thus successfully executed the largest IPO in Germany for more than 12 years with a placement volume of more than EUR 2 billion.

Our core services in ECM include: 

  • Initial public offerings
  • Secondary placements of share blocks
  • Capital increases with and without subscription rights
  • Capital markets advice for listed companies
  • Advisory for companies and their shareholders on capital markets transactions

 

ECM References