BT opens up JPX 10 June 2015Tokyo Reporter: Becky Butcher
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UK telecommunications company BT is making it easier for investors globally to trade on the equities and derivatives markets of the Japan Exchange Group (JPX).
Following an agreement between the two firms, members of the BT Radianz Cloud can now access a range of brokers and the market data needed to trade on JPX’s growing markets via a BT Radianz Cloud connection.
JPX joins a growing number of Asian exchange groups on the BT Radianz Cloud including the Australian Securities Exchange, Bursa Malaysia and the Singapore Exchange.
The Radianz Cloud links brokers, institutions, exchanges and clearing and settlement houses across the globe. Through a single network connection, members can access thousands of applications and services critical for everyday functioning of the global financial sector.
Mitsuo Miwa, director of market business development at JPX, commented: “We’ve chosen to work with BT because of its proven experience and creative use of technology. We’ve been impressed by its track record in helping exchanges extend their global reach and we look forward to leveraging this to deliver growth.”
Tom Regent, president of global banking and financial markets at BT Global Services, added: “The Asia Pacific is a key part of our Radianz Cloud community and we already have more than 3000 members in the region.”
“With JPX now on board, we have the infrastructure in place to help grow trading activity and investment into and out of Japan. This will make it easier for our community to do business in a way that can lead to a more vibrant market, boosting Japan's standing as a global financial hub.”
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