Qualified Institutional Buyer
First Dunbar
Variable Rate Demand Note
RTAF
MARKET SUPPORT SERVICES TO THE BROKERAGE COMMUNITY

THIS WEBSITE AND ITS CONTENTS ARE DIRECTED SOLELY TO "QUALIFIED INSTITUTIONAL BUYERS" ("QIB") WITHIN THE MEANING OF RULE 144A PROMULGATED UNDER THE SECURITIES ACT OF 1933.  IF YOU ARE NOT A QIB, PLEASE EXIT THIS WEBSITE.

Estuary Capital Markets provides marketing and marketing support services related to certain specialty financial instruments that appeal to the "Qualified Institutional Buyer" (QIB).  Specifically, Estuary has been selected as the exclusive Preferred Vendor by United Financial Technologies, Inc. to provide such services to FINRA Member Firms in order to facilitate the initial private offering and sale/resale of the Collateralized Variable Rate Demand Note (“CVRDN”) and Managed Variable Rate Demand Note (“MVRDN”). These instruments are representative of improvements within a class of short-term money market investment instruments. Like other quality instruments in this class, they are investment grade, satisfy 2(a)(7) investment guidelines and incorporate a 7-day ‘put’ function that supports a high and consistent degree of liquidity for its investors.

Estuary personnel are sensitive to the interests of Note Issuers as well as the short-term investment marketplace and provide marketing and marketing support services to broker-dealers in order that scheduled private placements and calls for remarketing can be handled with efficiency, efficacy and expertise. Estuary has invested in the design and development of an offering platform available to FINRA Member Firms that builds upon the electronic trading and execution components of today's sophisticated marketplace.  Estuary's system of subscriber pre-qualification provides FINRA Member Firms much-needed controls to assure that all purchasers of these instruments meet with minimum levels of investor sophistication while also assuring that the subscriber has had the opportunity to delve into the details of the instruments’ format and become familiar with its particular components.

Estuary has focused its approach to the marketplace on information availability and increased broker-dealer sales efficiency as its primary missions. In order to call up and review individual and new offerings immediately as they become available, a pre-qualified and approved investor may log-in directly to Estuary’s website. Under Current Offerings, a potential subscriber can view a brief offering description, a pdf version of the Deal Summary Sheet and Private Placement Memorandum, and also request a general information package on the Issuer as the basis to support a more complete profile of the investment recipient. Additionally, by Estuary’s granting of expanded document access and courtesy of a refined issuance document administration tool, a confirmed subscriber for a particular instrument has the opportunity to confidentially view electronic versions of actual issuance documentation through a secure web-based portal. These would include copies of the executed Trust Indenture, Fiscal Agency Agreement, Interest and Principal Letters of Credit (as and when available), among other issuance-related documents that support the good quality and standing of instruments purchased. Such transparency and ease in access enables Estuary and its Preferred Vendor FINRA Member Firms to build a network of informed subscribers for the financial instruments available for purchase and, as a result, fosters the development of a favorable environment for ready and continued distribution.

Through its forward-thinking philosophy of information access and communication enhancement, Estuary has assembled a placement and remarketing methodology for use by broker-dealers that supports the timely distribution of the financial instruments placed and remarketed while also keeping the subscriber base apprised of the intricate details of new investment opportunities immediately as they become available for purchase. Estuary Capital Markets provides the high-efficiency conduit that enhances the performance of both Issuers and Subscribers alike.

NOTICE: Collateralized Variable Rate Demand Notes, Managed Variable Rate Demand Notes and related financial products and derivatives are offered for sale to qualfied purchasers solely by FINRA Member Firms.

Corporate Overview
News & Press
HOME  •  TERMS & CONDITIONS  •  CONFIDENTIALITY & NON-DISCLOSURE  •  PRIVACY POLICY  •  CONTACT US