Tokyo: fintechs welcome!
Japan is keen to turn Tokyo into the number one financial hub in Asia.
Tokyo
Japan’s FSA sets ambitious growth targets as ‘Abenomics’ pursues renewed mandate
Japan’s Financial Services Agency has ambitious plans to more than double the proportion of foreign investors in Tokyo’s securities market by 2020. The plans are part of a wider shift linked to ‘Abenomics’, the government push to revitalise Japan’s economy.
Japan gears up for OTC derivatives clearing in 2014
Financial services firms in Japan are taking early steps to prepare for new rules on OTC derivatives, according to a new survey carried out by fintech company Calypso in Tokyo.
Japan Exchange brings Osaka equities to Tokyo
Japan Exchange Group has migrated the Osaka Securities Exchange cash equities market and integrated it into the Tokyo Stock Exchange, marking an important stage in the unification of the two exchanges.
Japan Exchange Group wields axe to slash £60 million from costs
Japan Exchange Group has set out plans to slash 8.5 billion Japanese yen (£60 million) from its annual operating costs by 2015 – representing 15% of the firm’s overall budget – as the exchange seeks to revitalise its equities and derivatives markets and take on its competitors.
Japan Exchange merger attracts algo trading specialists
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.
United Japan Exchange prepares for New Year debut
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.
