JB Capital Markets is an independent securities firm, leader in Spain in the provision of research and trading services on equities, fixed income and distressed debt instruments to a global institutional client base. JB Capital Markets was founded in 2008 by Javier Botín, who is currently its chairman. We are a Spanish broker-dealer with offices in Madrid and London, member of the Madrid Stock Exchange and supervised by the Comision Nacional del Mercado de Valores (CNMV) and the Financial Services Authority (FSA) of the United Kingdom. The Firm has a capitalization of 50M euros. We provide research and trading services on equities, fixed income and distressed debt instruments to a global institutional client base through a 60-strong group of professionals with substantial experience in financial markets, operating under the principles of excellence, integrity and independence.