About Us
Our offering includes execution solutions in the South African market
AG Institutional Brokers (AGIB) is a 100% wholly owned subsidiary of AG Capital.
AG Capital is a South African based firm with a global reach, providing intermediary financial services to institutions, funds, asset managers, and professional investors. Our offering includes tailored trading and execution solutions, hedge fund investment and incubation services, as well as prime services.
Authorised Financial Services Provider (FSP No. 43325), regulated by the Financial Sector Conduct Authority (FSCA) – Cat 1, 2, and 2A
Offers Euroclear trading solutions in the South African and pan-African markets.
Settles fixed income offshore via Euroclear
Competitive Advantages
- Top five fixed income agency broker as per JSE Spire Awards 2022.
- Ran first secondary market JSE corporate bond auction.
- First ever Cape Town Stock Exchange bond issuance.
- Competitive edge one-stop shop, have lines with all local banks and international banks in South Africa.
- Multiple lines with multiple banks as well as global client base.
- Transparent overall customer experience.
- Top five fixed income agency broker as per JSE Spire Awards 2022.
- Aggregator of clients – saving money on exchange rates and transaction fees.
- Intermediary prime broker for SA multi asset class hedge funds with CAT 2 and 2A FSCA licenses.
- Secured strong, deep relationships with the banking community.
- Front to Back management and governance of the business via leveraging off AG’s well-established infrastructure and platforms
- Entrepreneurial culture and lack of bureaucracy.
- Access to AG Capital’s experience dealing room and team.
- Motivated and experienced staff – personalised and customised service.
Our team is comprised of talented individuals
22 Years of Experience
Professional Overview
- Lynden is the Head of Fixed Income and Forex trading at AGIB, covering South Africa and Pan Africa markets in local and hard currency as well 14 other countries and territories servicing institutional clients, asset managers, hedge funds and banks situated in South Africa,
Africa and globally. - Experience lies working for investment banks in the United Kingdom and South Africa, covering, Fixed Income and Forex markets.
- Able to offer strong numeracy, sales and communication skills across all fixed income markets, EM, Latam, G10 IG and HY markets.
Recent Experience
- Heading up and managing the Fixed Income and FX trading desk and staff.
- Actively contributing to the fixed income investment process and assist in on-going strength/improvement with local and cross boarder
liquidity. - Interacting with clients, sales and internal counterparties in other trading, coverage and structuring functions to increase market
transparency and to generate new business. - Managing financial risk and non-financial risks.
- Leading weekly market meetings with capital markets team on economic topics affecting fixed income markets.
- Generating and distribution of bespoke and ongoing research, products and trading ideas.
- Arranging regular client interaction, including roadshows.
- Bond placement and origination.
- Client acquisition.
Background and Qualifications
- Lynden holds a B.Sc. from Stellenbosch University in South Africa
- Prior to joining AGIB Lynden was a Senior dealer at Nedbank, prior to that, 15 years were spent in London working in Fixed Income at top tier banks, the likes of Deutsche Bank and Citi Group.
Capacity & Capabilities
- Trading
- Sales
- Structuring
- Risk Management
- Bond Origination
- Business Development
- Keynote Speaker
3.5 Years of Experience
Professional Overview
- Damian is one of the Senior Fixed income and FX sales trades for AGIB Institutional Brokers (Pty).
- Damian began his career in 2020 where he sat alongside the head of fixed income at AG as an intern learning about the multi-lateral
levels in fixed income. - Currently Pursuing CMSA with a plan to obtain an MBA in the near future.
Recent Experience
- Assisted with first ever CTSE bond issuance.
- Fixed Income and Derivatives Dealing
- Pricing of spot bond baskets
- Tracking of client portfolios and cashflows.
- Assisting back office on settlement procedures
- Executing cross currency and cross border bond trades
- Mentoring Junior Fixed Income Traders.
- Pricing up forwards in FX market for clients.
- Monitoring Market Activity and Macro economic conditions.
- Monitoring counterparty exposure
- Updating clients on sovereign news headlines, with a focus on Africa
Background and Qualifications
- Damian holds a BSc
- He is a CMSA (Capital Markets Securities Analyst ) candidate
- JSE Registered Fixed Income and FX Trader
- CTSE Registered Fixed-Income and Equities Trader
Capacity & Capabilities
- Bond Auction facilitation
- Fixed income trading and analysis
- Fixed Income order executions and pricing
- Interbank Bond trading
- Settlement Monitoring
4 Years of Experience
Professional Overview
- Matthew is a Fixed Income Trader for AGIB Institutional Brokers (Pty).
- Began his career in 2019 at AG Capital where he has gathered extensive knowledge in the Fixed Income and Money market space
Recent Experience
- General fixed income dealing, including bonds (ZAR government), credit (local ZAR and hard currency, bond options and other
associated derivatives) - Maintaining good counterparty relationships.
- Competent in Money Market and FX dealing.
- A duty to always pursue a fiduciary duty of best execution and to all Clients, both Local and Offshore.
- Participation in constructing and orchestrating Morning meetings and notes.
- Monitoring market activity and advising on timing of execution.
- Relaying Market intelligence to Team and Clients.
- Interacting with Primary dealers and Banks.
Background and Qualifications
- Matthew holds a degree in Psychology and Media studies from Wits.
- Matthew has been at the company for four years and has had the privilege of being trained by Lynden Reabow.
- JSE Registered Persons Exams.
Capacity & Capabilities
- Equity Prop Trader JSE
- Identifying & Executing Arbitrage opportunities in listed Stocks & Bonds
- Fundamental and Technical Analysis
- Fixed Income Sales
33 Years of Experience
Professional Overview
- Rosa is the Head of Operations for AGIB Institutional Brokers (Pty).
- Rosa began her Career in 1988 on the JSE Gilts floor where she gathered a wealth of skills in a multi-dimensional industry.
- Rosa was Head of Fixed Income at a JSE renowned Broker firm whose parent company managed the COJ’s Sinking Fund.
Recent Experience
- Assisting the Head of Fund Management with the Matching of Assets and Liabilities on the various Portfolios.
- Running the Repo Book to ensure that all positions are covered in terms of Cash /Securities.
- Managing of redemptions.
- Trading Bonds and Derivatives.
- Managing the settlements of all local and offshore Trades.
- Submitting Compliance Reports.
- Managing annual audits as per JSE and CTSE regulations.
- Training and Mentoring Junior Fixed Income Traders.
- Onboarding of new Clients.
Background and Qualifications
- Rosa holds a Bachelor of Arts in Psychology and Sociology.
- JSE Registered Commodities Trader
- JSE Registered Compliance Officer
- JSE Registered Settlements Officer
- CTSE Registered Settlements & Compliance Officer
- Rosa was a JSE Registered Bond Trader for 26 Years until she moved into an Operations Role
Capacity & Capabilities
- Matching of Assets and Liabilities of a sinking Fund
- Managing Redemptions
- Running of Repo Book
- Compliance Monitoring
3.5 Years of Experience
Professional Overview
- Elana runs Onboarding/Client Services for AGIB.
- Elana began her Career in 2020 where she trained under the Head of Onboarding for AG Capital
- Elana specialises in identifying Clients needs and delivering superb solutions.
Recent Experience
- Onboarding Local Institutional Clients.
- Onboarding Offshore Banks and Asset Managers.
- KYC Checks and updating FICA Documents.
- Compliance and AML Monitoring.
- Submitting FSCA Supervision Reports.
- Assisting Clients with Day to Day Queries.
- Offers the highest levels of service and support to clients.
- Updating documents according to FICA compliance.
- Relevant Verification processes and risk assessment.
Background and Qualifications
- Elana is a Registered FAIS Representative.
- Elana holds a Higher Certificate in Administration
Capacity & Capabilities
- Onboarding Local Institutional Clients
- Onboarding Offshore Banks and Asset Managers
- FICA Review
- Ensuring KYC and FICA compliance.
- Verification processes and risk assessment
12 Years of Experience
Professional Overview
- Yandi is the JSE Registered Alternative Settlements Officer for AGIB Institutional Brokers (Pty).
- Yandi began her Career in 2014 as a Debtors clerk where she gathered a wealth of skills in a multi-dimensional industry.
- Yandi has also worked at Sanne Fund Services.
Recent Experience
- Manage the settlement obligations of all Fx, Derivative and Bond Trades in terms of the relevant exchange Rules and Directives.
- Ensure appropriate procedures are implemented and necessary action is taken to facilitate settlement of all transactions in accordance with the relevant exchange Rules and Directives
- Doing bank reconciliations of settled Bond Trades.
- Submitting Compliance Reports.
- Managing annual audits as per JSE and CTSE regulations.
Background and Qualifications
- Financial Information Systems (Btech)
- Financial Information Systems (Diploma)
- JSE Registered Alternative Settlements Officer
Capacity & Capabilities
- Constant monitoring and communication of trade statuses to clients, banks and the relevant exchange where required
