The Real Game of Missing Money Deutsche Bank Securities EU-Germany-Frankfort $17,676 $28,950 N/A Goldman Sachs & Co LLC USA-NY-New York $65,813 $33,150 12.5x HSBC Securities (USA) Inc. UK-London $165,975 $82,812 15.5x Jefferies LLC USA-NY-New York $5,871 $11,370 35.4x J.P. Morgan Securities LLC USA-NY-New York $332,242 $106,300 12.4x Merrill Lynch, Pierce, Fenner & Smith (BofA) USA-NC-Charlotte $255,464 $88,950 12.3x Mizuho Securities USA LLC Asia-Japan-Tokyo $40,446 $21,447 9.0x Morgan Stanley & Co LLC USA-NY-New York $71,799 $38,730 10.0x NatWest Markets Securities UK-London N/A N/A N/A Nomura Securities International Asia-Japan-Tokyo $13,431 $12,391 14.7x RBC Capital Markets LLC Canada-Toronto $104,731 $32,043 11.5x Societe Generale, New York Branch EU-France-Paris $26,230 $54,735 8.1x TD Securities (USA) LLC Canada-Toronto $94,924 $29,009 11.4x UBS Securities LLC EU-Switzerland-Zurich $49,120 $30,119 27.9x Wells Fargo Securities LLC USA-CA-San Francisco $225,336 $85,920 11.3x _______________________________________________________________________ N o t e s : F i n a n c i a l d a t a s h o w n r e p r e s e n t t h e v a l u a t i o n a n d r e v e n u e o f t h e p r i m a r y d e a l e r s ’ p a r e n t c o m p a n y , w h i c h m a y b e e n g a g e d i n o t h e r l i n e s o f b u s i n e s s b e s i d e s t h e b r o k e r a g e o f g o v e r n m e n t s e c u r i t i e s . L T M s t a n d s f o r l a s t t w e l v e m o n t h s . A l l n u m b e r s a r e i n ( o r h a v e b e e n c o n v e r t e d t o ) U . S . d o l l a r s . C a n t o r F i t z g e r a l d &C o . i s p r i v a t e l y h e l d . S o u r c e s : F e d e r a l R e s e r v e B a n k o f N e wY o r k F i n a n c i a l d a t a f r o mMo r n i n g s t a r I n c . , a s o f J a n u a r y 1 1 , 2 0 1 9 2 0 5