Eurex Exchange, the international derivatives marketplace, has admitted its first directly connected trading participant in Japan – Nissan Century Securities.
As part of Unicom Group, the brokerage firm offers a wide range of brokerage services and aims to expand its service by connecting to leading international exchanges.
“We are honoured to be the first Japan based brokerage firm to attain Eurex membership,” says Hideaki Futaya, chief executive, Nissan Century Securities. “I believe we can better satisfy client needs by offering this new access in addition to our current memberships, which include JPX (TSE and OSE) and TOCOM.”
Nissan Century Securities is the sole Japanese brokerage firm which that has “cross-over” memberships between financial and commodity exchanges in Japan.
“We are very pleased to welcome the first Eurex member from Japan,” says Michael Peters (pictured), member of the Eurex executive board. “By joining Europe’s largest exchange, Nissan Century Securities and its customer base now have direct and reliable access to our international trading network and our full product suite.”
Eurex currently serves more than 430 members in 33 countries.
The exchange has been active in Japan for several years. Since 2009, Eurex has been present in Japan with a representative office. Currently, it has around 20 exchange members and trading locations based in Asia and has established two Access Points in the region.