Tokyo Financial Exchange

TFX Welcomes First Remote Trading Member

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.

Euroyen Futures Remote Trading Member
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.

TFX New President & CEO

　Tokyo Financial Exchange inc., (TFX) today announces that the board of directors meeting appointed Mr. Shozo Ohta as the new President & CEO of TFX as of October 28th, 2009.

Shozo Ohta

Date of birth: January 2nd, 1947
Education: 1969 Graduated from THE UNIVERSITY OF TOKYO
Career: 1969 Joined the Ministry of Finance
1998 Director – General of the Printing Bureau, Ministry of Finance
2002 Senior Managing Director
The Tokyo International Financial Futures Exchange
2006 Senior Managing Director ＆ COO
Tokyo Financial Exchange Inc.


For more information, contact
Tokyo Financial Exchange, Inc.
Public Relations Office, General Affairs Group
Tel
: (03)4578-2422
Fax
: (03)3212-5780
E-mail
: info@tfx.co.jp
URL
:http://www.tfx.co.jp/en