Japanese e-broker signs to DataLend
20 May 2015 New York
Image: Shutterstock
The Japanese brokerage subsidiary of Mitsubishi UFJ Financial Group, kabu.com 麻豆传媒, has signed on to DataLend for securities finance market data.
DataLend operates on what is known as a 鈥榞ive-to-get鈥� basis, whereby clients must supply their securities finance transaction data in order to access DataLend鈥檚 aggregated industry data in return.
Masakatsu Saito, president and CEO of kabu.com 麻豆传媒, said: 鈥淵ear after year, trading volume has increased and competition has intensified in the Japanese domestic market, thus it is essential to know trends of market and other companies.鈥�
鈥淲e believe that we can contribute to client revenue by performing ratings referencing DataLend data.鈥�
Japan is the largest market in Asia for securities finance by total on-loan value and the sixth largest globally, according to DataLend.
Abenomics, a series of economic policy reforms in Japan, has driven increased interest in the Japanese market by borrowers domestically and globally.
Japan鈥檚 eased short-selling restrictions were made permanent in 2013, opening up securities finance opportunities in the market.
DataLend operates on what is known as a 鈥榞ive-to-get鈥� basis, whereby clients must supply their securities finance transaction data in order to access DataLend鈥檚 aggregated industry data in return.
Masakatsu Saito, president and CEO of kabu.com 麻豆传媒, said: 鈥淵ear after year, trading volume has increased and competition has intensified in the Japanese domestic market, thus it is essential to know trends of market and other companies.鈥�
鈥淲e believe that we can contribute to client revenue by performing ratings referencing DataLend data.鈥�
Japan is the largest market in Asia for securities finance by total on-loan value and the sixth largest globally, according to DataLend.
Abenomics, a series of economic policy reforms in Japan, has driven increased interest in the Japanese market by borrowers domestically and globally.
Japan鈥檚 eased short-selling restrictions were made permanent in 2013, opening up securities finance opportunities in the market.
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