News File
(1 September 2010)
Tokyo Financial Exchange Inc. (TFX) is pleased to announce today that G.H. Financials Limited (GHF), a financial firm in the UK, has become the first Remote Trading Member of TFX effective September 1 2010.
Name of Trading Member |
Effective date |
G.H. Financials Limited |
September 1 2010 |
TFX introduced the Remote Trading Membership Program in spring 2008, in order to accommodate growing demand from overseas investors for direct market access to the TFX market. TFX has been working with various parties to realize trading under this program.
This is the first case for a Japanese exchange to admit trading membership of an overseas investor who has no office in Japan. TFX continues to promote the Remote Trading Membership Program to the overseas trading community and expand its geographic coverage.
As a comprehensive financial derivatives exchange in Asia, TFX is committed to serve and excel in providing the innovative products and schemes for investors throughout the world.
Remote Trading Membership Program
This is a program where overseas investors, who have no offices in
Japan, will be able to become members of TFX and access the TFX market
directly to trade Three-month Euroyen futures and options. Targeting
investors who will be expected to bring new liquidity to the TFX market,
Remote Trading Members will be able to receive various incentives including
trading registration fee exemption and trading fee discount. However,
Remote Trading Members must register as a Type Two Financial Instruments
Business firm with a legal representative based in Japan and must clear
through an existing TFX clearing member in Japan.
G.H. Financials Limited
G.H. Financials Limited (GHF) was established in 1993 as a clearing
member of LIFFE (Present NYSE LIFFE). The company has gained considerable
experience in electronic trading. The company’s principal activity is
the provision of trading access on electronic derivatives exchanges
to professional traders, the clearing and settlement of their trades,
and providing the services necessary to support such market activity.
The company has exchange memberships with NYSE-LIFFE, NYSE-Euronext
Paris, Eurex, ICE and Montreal Exchange.
The original of this publication has been prepared in the Japanese language only
and the Japanese language texts shall govern for all purposes and in all respects.
Accordingly, all questions that may arise shall be decided in accordance with
the Japanese language texts. Whilst reasonable care has been taken to ensure
that this translation is accurate and free from errors, no liability is accepted
by TFX in any circumstances.
【Enquiry】
Institutional Marketing Group
Tokyo Financial Exchange Inc
TEL:03-4578-2438 FAX:03-3212-5780
Mail:marketing@tfx.co.jp URL:http://www.tfx.co.jp