Global Markets

The Global Markets area offers Intermonte clients services for all asset classes, shares, bonds, derivatives, currencies and commodities, supporting investor decisions with research of proven quality. Our activities are targeted at Italian and foreign institutional investors and ongoing relationships are maintained with over 450 investors worldwide.

Intermonte has one of the largest trading floors in Italy, comprising 50 professional traders specialised in various assets classes and capable of offering strategies to support all kinds of clients in their strategic decisions and in structuring highly customised products to efficiently match all the requirements of our clientele.

• Client-driven activities: electronic trading, derivatives & special situations, fixed income
• Proprietary strategies aimed at pursuing prudent capital management and an appropriate return: volatility, directional and algorithmic trading

Derivatives & Market Making

The market-making team is a leader in the listed equity derivatives business where it operates as a Primary Market Maker to guarantee ongoing market liquidity and provide competitive pricing and spreads to institutional clients.

Launched in 2011, the activity consists in continuously quoting bid and ask prices on almost all stocks on the FTSE MIB and on the main mid-caps for a total of 52 underlying stocks and more than 4,700 instruments listed on the IDEM segment (American options, European options, and stock futures). Since 2019, Intermonte has expanded the range of derivative products it offers thanks to the addition of the main European securities listed on the Eurex market.

Thanks to the large number of Italian and foreign institutional client relationships and the flows it receives daily, the market making desk can offer highly competitive pricing for significant quantities with tighter bid-ask spreads.

As proof of clients’ appreciation of the performance of the market-making team, almost every year in the last ten Intermonte has come first or in any case among the top three in the Assosim rankings of proprietary volumes traded for Italian single stock options and for Italian stock futures in Italy. 

Fixed Income

Debt securities (fixed income) also come under Global Markets where Intermonte is a leader in placement in brokerage of bonds, providing clients with coverage of all phases of fixed income activities, from primary market placement through brokerage of Italian and foreign corporate and government bonds on the secondary market, to market making.

Advisory on structuring and placement of corporate bonds, especially convertible bonds or quasi-equity, completes the Intermonte offering in order to support the client at all stages of assessing investment opportunities.