Brokerage Account Services

This overall notice will be open for a twelve-month period from the date of posting, unless otherwise revised or superseded by a subsequent version of the notice. Submission may be made at any point while the notice is open. Multiple agreements are anticipated and subject to change, dependent upon the priorities and relevance to DFC brokerage needs. It is anticipated that the notice may receive a large volume of submissions.  Agreements may be made in the form of any appropriate contract type applicable.  All agreements and subsequent transactions will be contingent upon the current program office capital planning strategy, and on-going need of brokerage accounts. The costs of preparing submissions to this notice, meetings and interactions with DFC personnel, and time/effort required for SAM.gov registration, are not considered allowable costs on any resulting agreement or subsequent transaction.

SCOPE:

DFC may hold or receive publicly traded securities as a result of its investment activities and is seeking the services of brokerage firms licensed to operate in various markets around the world. DFC is looking for brokerage firms that can facilitate the sales and trading of publicly traded securities (e.g. equity) and help settle transactions at DFC’s discretion. DFC has strong preference for experienced brokerages licensed to operate in emerging markets of Latin America, Southeast Asia, South Asia, Eastern Europe, and Africa.

See attachment one for the current status of each region pool.

REQUIREMENTS:

1. Presence in one or more emerging markets. Immediate need is currently in India, Brazil, and Mexico valued. Please reference where DFC works.
2. Licensed to operate in major stock exchanges or exchanges of interest to the DFC.
3. Provide brokerage services for publicly traded securities.

INSTRUCTIONS:

Entities that would like to be considered to provide brokerage accounts at DFC, may make a submission at any time for consideration. All submissions must answer the below 1-9. Submissions will be reviewed and catalogued in an interested parties list. Submissions will be kept on file for the duration of the notice and disposed of at its expiration. When brokerage accounts for regions are required to support DFC mission, the interested parties list will be reviewed for the required region, and entities will be selected for an agreement on a best value basis for an award. Multiple agreements may be made for each region, based on agency need.  Additionally, DFC may close region pools when the need is fulfilled. When selecting an entity for a transaction, all entities in the region pool will be considered. DFC may make selections outside of the region pool.

All submissions should be made to michael.pasquella@dfc.gov.

Offerors are expected to provide the requested information (below) as a part of their proposal:

1. What brokerage services are offered (types of equity trades, block trades, etc.)? Please provide comprehensive list of services.
2. If DFC required services are not provided directly by the applicant firm in certain countries/exchanges, the broker must provide list of local affiliates and partners including name of firm, country, services offered, and Assets Under Management (AUM) of each in USD. 
3. Provide the fee/commission structure/schedule for types of trades offered for up to five years.
4. List countries and exchanges where the firm provides brokerage services.
5. In demonstrating experience trading in emerging markets, list which markets the firm is most active in, and the average volume traded for each market.
6. Do you have experience providing brokerage services to institutional investors such as: Multilateral Development Banks or Institutions (e.g. IBRD, IFC, ADB), Development Finance Institutions (e.g. EDFI members), Public Pension Funds, and/or Sovereign Wealth Funds? Please provide list of key current institutional investor clients/development finance institutions or examples.  
7. What are the types of investors most serviced by your firm (e.g. domestic retail, foreign institutional, long only funds, high frequency)?
8. Provide a list of high-level financials in USD (e.g. Assets).
9. Provide any additional detail, to include any terms and conditions required by the firm.

Successful entities will be required to register and obtain a SAM.gov account prior to entering into an agreement. While the registration process is free, it can take a significant amount of time. Therefore, parties interested in a potential opportunity with DFC are encouraged to go to SAM.gov and begin registration at the earliest point possible.