KGI Securities, a wholly-owned subsidiary of China Development Financial (CDF), is a market leader in a range of areas, including brokerage, investment banking, fixed income, proprietary trading, wealth management and a variety of derivatives products. Besides brokerage, KGI Securities dominates in investment banking, as investment banking and direct investment, both major businesses of CDF, are highly complementary. Other business units, including fixed income, derivatives, and institutional equity, have come to represent the standard to which the broader industry aspires, with these units garnering various awards locally and internationally over the years. In the proprietary trading of equities and fixed income, KGI has succeeded in the pursuit of absolute profit by adhering to stringent risk management principles.
By integrating the resources of its local subsidiaries, KGI Futures, KGI Securities Investment Trust, KGI Securities Investment Advisory, KGI Insurance Brokers, and KGI Venture Capital, KGI can provide clients with futures trading, mutual funds, insurance products, asset management services, and direct equity investment. In addition to Taiwan, KGI Securities has a presence in Hong Kong, Thailand, Singapore, Indonesia, and China. With an overseas profits weighting of over 20%, KGI is one of few Taiwanese securities firms with successful operations overseas.
Satisfied customers and outstanding operating performance have earned KGI Securities many awards over the years, including Best Local Broker, Best Bond House, and Best Investment Bank in Taiwan from international finance media outlets such as Asiamoney, Finance Asia, and The Asset, and from stock exchanges in Taiwan.
In 2015, KGI Securities won “Best Bond House – Domestic (International bonds), Taiwan”, and “Top Bank in The Secondary Market in Asian Local Currency Bond for Corporate Bonds and Government Bonds in Taiwan” at The Asset Triple A Country Awards 2015. In addition, it was awarded “Best Taiwan DCM House” from Finance Asia, as well as being named “Best Taiwan Investment Bank” by Euromoney.
KGI Securities has also recently earned a series of awards from financial market regulators, namely “Outstanding ETF Market Maker” in 2016 and, last year, “Best Government Bond Dealer”, “No. 1 in SPO (Seasoned Public Offering) Fund-Raising”, “Outstanding Warrant House”, and “No. 2 in Warrant Brokerage” (by Taiwan Stock Exchange). Furthermore, Taiwan’s central bank named KGI Securities “Best Central Government Bond Dealer” in 2015.
Backed by the strong support of CDF, which boasts abundant resources and a leading position in direct investment, KGI Securities will be able to accelerate growth under an enlarged scale and group synergies. Going forward, the company will strive for further integration within CDF Group, and develop its investment banking, fixed income, derivatives and wealth management interests in the region, with a view to reinforcing its position in Asia as an outstanding securities firm and leading investment bank.
Note: In mid-2012, CDF purchased an 81% share in KGI Securities on the open market. Following the completion of share conversion on January 18, 2013, KGI became a wholly-owned subsidiary of CDF. CDF’s two securities subsidiaries, KGI Securities and Grand Cathay Securities Corp. (GCSC), officially merged in June 2013.