Global’s treasury sales & fixed income department is amongst the premier money market and foreign exchange brokers of the industry. Licensed by the Financial Markets Association of Pakistan, the department provides quality broking service to over 200 clients spanning commercial banks, development financial institutions, non-banking financial institutions, corporate entities, pension/provident funds, mutual funds and individuals. The department’s strength emanates from a blend       of experienced team and sound operating practices. The treasury management staff is amongst the most experienced in the industry, having structured complex foreign exchange and fixed income solutions across a broad spectrum of products. The back office function is extremely important as documentation pertaining to the settlement process must be reconciled at the State Bank of Pakistan (SBP) by a designated hour. An inability to do so will result in a failed transaction. Our staff in this respect has a distinguished record of efficient and timely settlements for all transactions.

The department consists of two dealing desks associated with the money/bond markets and inter-bank foreign exchange. Each desk is headed by a chief dealer who reports to the department head.

Fixed Income / Money Market
Our dealing desk plays an integral role in a market where a wide variety of government and corporate debt instruments and funds worth billions of rupees are traded each day. Global’s team is highly skilled at providing to its customers, strategy recommendations which are consistent with changing market realities. As a consequence, we assist our customers achieve desirable levels of investment performance.
The money market desk consists of eight personnel. The desk is further divided between inter-bank and non-banking clients. There is a dedicated staff which provides fixed income solutions to the non-banking clients – a rapidly growing segment of the industry.

Foreign Exchange
Global’s Foreign Exchange desk provides dealing services to commercial banks seeking to square their dollar-denominated positions. We provide these solutions by effecting trades in ready, spot and forward transactions. Global also acts as an advisor to its corporate customers by recommending strategies for maximizing the value of our client’s foreign exchange requirements.

On the foreign exchange there desk are four dealers who exclusively service the inter-bank foreign exchange market by providing solutions in PKR/US$ products.