NEW
YORK /PRNewswire/ -- kabu.com Securities Co., Ltd., the
Japanese online brokerage subsidiary of Mitsubishi UFJ Financial
Group, has signed on to DataLend for securities finance market
data.
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Masakatsu
Saito, President and Chief Executive Officer, kabu.com
Securities Co., Ltd., says: "Year 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. We believe that we can contribute to client revenue by
performing ratings referencing DataLend data."
DataLend, the market data division of securities finance trading
and post-trade service provider EquiLend, operates on a give-to-get
basis, whereby clients must supply their securities finance
transaction data in order to access DataLend's aggregated industry
data in return. This results in a robust and comprehensive data set
with coverage from all markets and asset classes around the
globe.
"We are thrilled to welcome kabu.com, a leading e-broker active in
the securities finance market inJapan,
as a client of DataLend," says Brian
Lamb, CEO of EquiLend. "kabu.com joins dozens of clients
around the globe accessing DataLend's comprehensive regional and
global securities finance data. DataLend is committed to being the
leading securities finance market data provider
in Japan and
around the globe."
Japan is
the largest market in Asia for
securities finance by total on loan value and the sixth largest
globally, according to DataLend data.
Abenomics, a series of economic policy reforms in Japan,
has driven increased interest in the Japanese market by borrowers
domestically and globally. Japan's eased
short-selling restrictions were made permanent in 2013, opening up
securities finance opportunities in the market.
About DataLend
DataLend, the securities finance market data division of EquiLend,
provides aggregated, anonymized, cleansed and standardized
securities finance data covering all asset classes, regions and
markets globally. EquiLend is a leading provider of trading and
post-trade services for the securities finance industry with
offices in New
York, London, Hong
Kong and Toronto.
EquiLend is backed by 10 global financial institutions: BlackRock,
Credit Suisse, Goldman Sachs, J.P. Morgan Clearing, J.P. Morgan
Chase, Bank of America Merrill Lynch, Morgan Stanley, Northern
Trust, State Street and UBS.
About kabu.com Securities Co., Ltd.
kabu.com Securities Co., Ltd., founded in 1999, is a subsidiary of
Mitsubishi UFJ Financial Group headquartered in Tokyo.
kabu.com offers products including securities, options, futures,
foreign exchange, investment trusts and so on.