News File

TFX and S&P Dow Jones Indices sign a license agreement for DJIA Index

(19 Jan 2016)

Tokyo Financial Exchange Inc. (TFX) and S&P Dow Jones Indices LLC have signed an agreement which allows TFX to list DJIA Margin contracts based on Dow Jones Industrial Average (DJIA) on TFX.
By adding yen denominated DJIA Margin contracts to our Exchange Equity Index Margin Contracts called “Click Kabu 365”, Japanese investors will be able to trade contracts based on U.S. equity index without currency exchange risk.
TFX Managing Director, Wataru Ito said that “Dow Jones Industrial Average is one of the most highly-recognized overseas stock indices for Japanese retail investors. We are so delighted to be able to list DJIA Margin contracts on the index. Click Kabu 365 products currently available for trading base the following stock indices: Nikkei 225, a Japanese benchmark stock index, DAX® and FTSE100, European representative stock indices. As we additionally list DJIA Margin contracts this time, investors will be able to trade margin contracts on stock indices of Japan, Europe and U.S. in an account. I strongly believe this will facilitate further vitalization of the market.”
“We are pleased to serve as the index provider for this initiative by providing the Dow Jones Industrial Average, the iconic benchmark for U.S. equity market,” said Yoshiyuki Makino, Head of Japan at S&P Dow Jones Indices. “We look forward to collaborating with Tokyo Financial Exchange on various other initiatives and servicing Japanese investors.”

 

[Enquiries related to this media release]
Tokyo Financial Exchange Inc.,
Margin Concracts Market Development Department
Phone: 03-4578-2440
URL:http://www.tfx.co.jp
e-mail: info@tfx.co.jp

[Reference]
About Dow Jones Industrial Average(DJIA)
The Dow Jones Industrial Average, also referred to as The DJIA, is a price-weighted measure of 30 U.S. blue-chip companies. The DJIA covers all industries with the exception of transportation and utilities. A stock typically is added to The DJIA only if the company has an excellent reputation, demonstrates sustained growth and is of interest to a large number of investors.
The Dow Jones Industrial Average is the most-quoted market indicator in newspapers, on television and on the Internet. Because of its longevity, it became the first to be quoted by other publications.

-End -

Tokyo Financial Exchange Inc.

pagetop