Jefferies Group LLC is a securities and investment banking company. The Company and its subsidiaries provide capital markets and financial advisory services, institutional brokerage and securities research, as well as wealth management. It is also engaged in asset management activities. The Company operates in two business segments: Capital Markets and Asset Management. Its Capital Markets segment represents consists of the Company's securities and commodities trading activities and the Company's investment banking activities. The Capital Markets segment provides the sales, trading and/or origination and execution effort for various equity, fixed income, commodities, futures, foreign exchange, and advisory products and services. Asset Management segment includes asset management activities and related services. The Company's subsidiaries include Jefferies LLC, Jefferies Execution Services, Inc., Jefferies International Limited, Jefferies Bache Limited and Jefferies Hong Kong Limited.