The Depository Trust & Clearing Corporation will start operating a Japanese over-the-counter derivatives trade repository this month, flowing approval by the Financial Services Agency of Japan.
As Asian markets continue to lure international investors, participants on Japan’s new Exchange will now be able to get market access and algorithmic trading tools from data and analytics company S&P Capital IQ, which has chosen to locate itself at KVH’s datacentre in Tokyo.
The creation of a new united bourse for Japan, called the Japan Exchange Group, has come one step closer with the final approval of Japan’s Financial Services Agency for the listing of JPX stock on the Tokyo bourse this week.
