CME appoints Kazuhara to bolster Japan growth
CME Group has
hired Izumi Kazuhara to identify new growth opportunities for its business in
Based in Tokyo,
Kazuhara joins CME as executive director, head of Japan. He will be responsible
for developing the exchange operator’s expansion plans and customer relationships in the country.
held positions at NYSE Euronext and Deutsche Börse-owned derivatives bourse
Eurex after starting his career as an expert in international economic and
Kazuhara joins our team in Asia, bringing with him unparalleled experience and
insight to our growing presence in the Japanese market,” said Julien Le Noble,
head of Asia Pacific at CME Group. “We will continue to work with Japan's
financial community to leverage our global risk management benchmark products
and help our clients achieve their risk management goals in the country, as
well as develop new benchmark products and services needed in the region."
of Kazuhara’s appointment comes at the same time as the Osaka Securities
Exchange launched futures contracts based on the Dow Jones Industrial Average.
CME Group plans to offer an e-mini futures contract based on the Nikkei 225
Average on 18 June, denominated in Japanese yen.
The CME Group
already offers Japanese instruments on the platforms it operates including
Nikkei 225 equity indices, Euroyen-TIBOR interest rate futures and various yen
currency pairs and futures.