Why Mirae


Why Mirae

Our Advantage


“As a non-bank financial institution, and given our significant financial resources and experienced team, Mirae Asset Securities (USA) sees unique opportunities to connect with clients whose counterparties, prime brokers, clearing firms and execution agents may be rethinking their position in the market because of Basel III and other regulations.   Deploying these resources and remaining client centered allows us to strategically focus on our business and meet all our clients’ needs securely, quickly, and efficiently.”

Jae Ryu, CEO & President, Mirae Asset Securities (USA) Inc.

Our Resources


A Global Perspective With Local Expertise

Mirae Asset Securities (USA) is a U.S. registered broker-dealer with offices, clients and business lines across the world’s major markets. We provide services through a diversified platform that offers market-leading franchises in traditional equity and fixed income products, ETFs and alternative strategies.

Why Mirae


Team

Management Team

Mirae’s team of experienced and dedicated professionals is committed to strong ethical management, strategic and enduring partnerships with our clients and a team-based approach to decision making.

JAE RYU

Chief Executive
Officer

Jae Ryu is the Chief Executive Officer of Mirae Asset Securities (USA) Inc. “Mirae”. Jae is a twenty year industry veteran with extensive expertise in equity sales, sales & trading, and investment banking. He has positioned the firm as a leader in meeting the complex needs of Mirae’s global clients.

20+

Years of Experience

LARA HERNANDEZ

Managing Director &
Head of Fixed Income Sales and Trading

Lara Hernandez is Managing Director and Head of Fixed Income Sales and Trading for Mirae. Lara is responsible for the firm’s Global Fixed Income Financing business and has over twenty years of industry experience in liquidity management and balance sheet solutions. Lara works closely with institutions on tailored financing solutions and is an industry expert with widespread client relationships across many sectors.

20+

Years of Experience

BRANDON ANGUS

Chief Technology
Officer

Brandon E. Angus is the Chief Technology Officer of Mirae. With over twenty years of experience, Brandon’s primary focus is on providing technical direction and vision for the firm. With expertise in technology management, product development, prime brokerage and correspondent clearing, Brandon focuses on developing technical solutions for, and building partnerships with, financial companies around the world. In the past, Brandon has held various management positions at several leading financial services firms.

20+

Years of Experience

JAMES DE ALTO

Managing Director &
Head of Correspondent Clearing Services

James De Alto is Managing Director and Head of Correspondent Clearing Services for Mirae Asset Securities (USA) Inc. Jim is a thirty year veteran of the financial services industry and has worked with several leading investment firms. Jim has held various leadership roles in global firms offering correspondent clearing services and is considered an industry expert in correspondent clearing, custody, and securities financing.

30+

Years of Experience

ALEKSANDRA DROZEN

Chief Compliance
Officer

In her role as Chief Compliance Officer, Aleksandra is responsible for managing the compliance program at Mirae, including the design, implementation and oversight of all compliance initiatives. She also oversees annual compliance reviews and testing, as well as ensuring compliance with applicable regulatory obligations. She has over 15 years of experience in the industry.

15+

Years of Experience

DANIEL HANUKA

Chief Financial
Officer

Daniel Hanuka is the Chief Financial Officer and Financial Operations Principal. Daniel’s responsibilities include Mirae's financial management and preparation of financial statements in accordance with Generally Accepted Accounting Principles. Daniel has worked as a senior finance officer in the securities industry for over twenty years and has extensive experience in financial and regulatory reporting. He is a CPA licensed in the State of NY and a member of the American Institute of Certified Public Accountants and the NY State Society of Certified Public Accountants.

20+

Years of Experience

CHRIS HEMPSTEAD

Managing Director
& Head of ETF and Global Portfolio Trading

Chris Hempstead is Managing Director of ETF and Global Portfolio Trading at Mirae. He is an ETF and portfolio trader helping trading desks, asset managers and ETF issuers navigate the ETF landscape. Chris has established Mirae as an ETF Authorized Participant for some of the largest ETF trusts and has established global portfolio trading at Mirae to support ETF managers and the general needs of trading clients. He also assists managers in executing portfolio rebalances for ETFs while working with issuers on effecting ETF listings and providing general secondary market trading support.

20+

Years of Experience

GERARD NOVELLO

Principal Operations
Officer

With over 25 years of industry experience, Gerard is the Principal Operations Officer for Mirae. He is responsible for supporting all the firm’s business lines specializing in trade processing support, Securities Lending, New Accounts, Fed Operations support, and U.S. and international trade settlements. Gerard has previously held several management roles at U.S. and global financial institutions.

25+

Years of Experience

JAY PATEL

Chief Risk
Officer

As Chief Risk Officer at Mirae, Jay is responsible for evaluating risk for multiple business lines. With over fifteen years of industry experience, Jay has extensive knowledge in developing and implementing successful risk management policies for Credit, Market and Collateral Management.

15+

Years of Experience

KEITH WRIGHT

Managing Director
& Head of Equity Finance

Keith Wright is Managing Director and Head of Equity Finance for Mirae. With over twenty years of experience in institutional finance, Keith has developed many long-standing relationships with banks, broker-dealers, and agent lenders. Keith is focused on providing custom financing solutions for clients and managing the growth of the firm’s Global Equity Finance business.

20+

Years of Experience


Financing Solutions

Culture & Values: Teanwork
Global Securities Financing

Financing Solutions


Reg T
Portfolio Margin
Repo

Mirae works closely with our clients to identify and customize financing solutions.  Our self-clearing capabilities allow us to offer competitive margin debit and short sale financing levels.

Additionally, we offer Reg T, Portfolio Margin and Repo financing options for qualified clients.


Global Clearing & Custody

Global Clearing & Custody
Global Clearing & Custody

Global Clearing & Custody


Self – Clearing
Equities, Fixed Income, & Options
US, Canada, & over 30 international markets

Mirae is a self-clearing broker in the US for Equities, Fixed Income, and Options.  We also clear in Canada and more than 30 other international markets through relationships with our Global Custodians. We are continuously working with clients to expand our international markets.

We fully clear most DTCC eligible US-listed securities.  In addition to clearing and custody, we provide a growing list of financing options using various asset classes through prime brokerage, margin and repo.  We introduce clients to our affiliates (including in Korea, Hong Kong and London), providing customized clearing and custody solutions.

Global Settlement Countries:

  • Australia
  • Austria
  • Belgium
  • Brazil
  • Canada
  • Czech Republic
  • Denmark
  • Euroclear
  • Finland
  • France
  • Germany
  • Hong Kong
  • Hong Kong Stock Connect
  • Hong Kong Bond Connect
  • Hungary
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Mexico
  • Netherlands
  • New Zealand
  • Norway
  • Philippines
  • Poland
  • Portugal
  • Singapore
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Switzerland
  • Taiwan
  • Thailand
  • United Kingdom/Ireland

Global Clearing & Custody


Technology Solutions & Client Portal

Technology Solutions & Client Portal
Technology Solutions & Client Portal

Our clients have access to our online portal for locates and reporting.  We offer clients bespoke technology solutions/reporting through our in-house technology support staff.  For clients not wanting to utilize the portal, we offer SFTP functionality to fit their needs with their respective vendors.

Mirae Prime Portal

  • Real-time multi-currency account information
  • Full portfolio management system
  • Access to securities financing transactions
  • Real-time corporate actions information
  • Daily interest accruals and reporting
  • Prime brokerage trade reporting and analysis


Client Services Team - new

Global Clearing & Custody
Client Services Team
Client Services Team

Client Services Team


Responsive Client Services team
Direct operations contacts
Onshore teams

Mirae has a unique US presence and client services model.  In addition to responsive client service representatives, our clients have direct access to our on-site operations, asset servicing, corporate actions, and margin teams.  This ensures fast response to inquiries regarding corporate actions/elections processing, wires, DWAC’s, and ADR/ARD conversions.


Foreign Equity Research Distribution-new

Global Securities Financing
FOREIGN EQUITY RESEARCH DISTRIBUTION - MIRAE

Institutional Equity Sales:

  • Mirae provides institutional clients and investors with access to equity research, sales and execution services and corporate access.
  • Mirae has a dedicated Asia sales desk in North America. Sales professionals leverage Mirae Asset Securities’ differentiated research, facilitate access to independent industry and company specific reports, and highlight structural and tactical changes.
  • Mirae offers a full suite of execution services throughout Asia and North America.
  • Mirae partners with equity research professionals to help organize and plan unique industry and thematic gatherings in order to promote and conduct empirical fact finding and understanding. Trips are hosted both within the US and Asia.


ETF & Global Portfolio Trading

ETF & Global Portfolio Trading
ETF & Global Portfolio Trading
ETF & Global Portfolio Trading

Mirae’s ETF/Portfolio Trading desk is self-clearing and also an authorized participant for exchange traded funds. The ETF/ Portfolio Trading team brings decades of experience to equity trading and ETFs. The capabilities of the ETF Trading Desk include:

  • Agency and Principal Portfolio Trading (Domestic and International Equities)
  • ETF Portfolio rebalancing (agency and principal) for active and index based ETFs
  • ETF creation/redemption for asset managers and broker dealers; support for seed capital needs
  • Provide ETF Portfolio Execution benchmarks tied to end of day Net Asset Value (NAV) as well as Interval Intraday Net Asset Value (Naverage)
  • Capital Markets support for ETF issuers and their sales and distribution needs
  • ETF block trading with all major liquidity providers and lead market makers
  • Expertise and guidance from decades of experience in equity trading and ETFs
  • Expert consultation services for potential issuers of ETFs, including introduction to all major ETF custodial banks, service providers and exchanges

Mirae's Primary Client Groups:

Hedge Funds

Pensions, Endowments, Foundations

Traditional Asset Managers

ETF Issuers

(Existing & New)

Large RIA's

with Trade Desks

Insurance Companies

ETF & Global Portfolio Trading


Global Equities - new

Global Equities

Correspondent Clearing
Global Equities
Global Equities - Equity and Overnight Trading Services

Equity Trading

Technology Enhanced Transactions

At Mirae, client trades are handled with accuracy, efficiency, and discretion. Through our established networks and resources, we facilitate and manage execution of client trades on a bespoke basis. In developing these networks and resources, we have implemented platforms designed to handle the increasing demands of the securities markets in ways that minimize market impact of executions while pursuing liquidity and price improvement. Our experienced front and back-office teams provide reliable access to global markets on a high and low touch basis, giving our clients the edge in navigating the complexities of today’s markets.

Overnight Trading Services

Enhanced Execution Capabilities

With the resources and capabilities of a leading global securities business, Mirae offers overnight trading services to clients, encompassing not only immediate access to liquidity, but also the ability to trade around-the-clock thus affording clients better opportunity to react to unfolding market events.

Through the firm’s state of the art networks and resources, Mirae continues to source, facilitate, and manage the execution of clients’ trades to best serve their needs. Mirae’s trading desk already offers a robust set of solutions to its clients, and overnight trading is designed to enhance those services while also minimizing market impact by helping them navigate the complexities of the after-hours markets.

Global Equities