Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups,* today announced that its registered broker-dealer MUFG Securities Americas, Inc. (MUSA) has been designated a Primary Dealer by the Federal Reserve Bank of New York (New York Fed).

In this capacity, MUSA will act as a trading counterparty with the New York Fed, participating in open market operations, supporting U.S. Treasury securities at auctions, and providing market intelligence and analysis to the Open Market Trading Desk at the New York Fed.

Mike Yarian, Head of Global Markets Sales and Trading (ex-Japan), said:

“The Primary Dealer designation underscores MUFG's financial strength, global reach, and long-term commitment to the U.S., where MUFG has been a significant investor for more than 140 years. As one of the world's leading financial institutions, we are proud to support the stability, liquidity, and efficient functioning of the U.S. Treasury market and honored to have been approved by the New York Fed for this role."

To qualify for this designation, MUFG was required to demonstrate a substantial presence as a market maker and to operate a back office capable of supporting settlement at volumes expected by the New York Fed, among other requirements.

*One of the world's 10 largest financial institutions according to S&P Global Market Intelligence (April 2025).