Deutsche Börse-owned derivatives market Eurex Exchange has admitted its first Japan-based exchange member, broker Nissan Century Securities.
Nissan Century Securities, which is part of the Unicom Group, is the only Japanese broker with crossover membership to Japan’s financial and commodities markets. The Eurex membership gives the firm direct access to Eurex Exchange and its international network.
“We are honored to be the first Japan based brokerage firm to attain Eurex membership,” said Hideaki Futaya, CEO, Nissan Century Securities. “I believe we can better satisfy client needs by offering this new access in addition to our current memberships, which include the Japan Exchange and TOCOM.”
Nissan Century Securities has stated the membership to Eurex is part of an on-going business expansion to offer new brokerage services through memberships of leading international exchanges.
Eurex now has around 20 exchange members and trading locations based in Asia and has established two access points in the region.
Also, this week Eurex Exchange exceeded one million contracts traded in Russian index derivatives RDX UDS index futures and options since trading began on 19 March 2012.