Eurex admits first Japanese broker via Singapore

Mizuho Securities (Singapore) Pte. Ltd. connected since mid January 2010

The international derivatives exchange Eurex announced today that it admitted the first Japanese broker out of the Republic of Singapore. Mizuho Securities (Singapore) Pte. Ltd., a subsidiary of Mizuho Securities Co., Ltd. was connected on 18 January 2010 to the Singapore Access Point of Eurex.

"We are very pleased to welcome the first Japanese broker out of Singapore", said Michael Peters, member of the Eurex Executive board. “Through the connection to our Access Point, Mizuho Securities (Singapore) Pte. Ltd. and its institutional customer base now have direct and reliable access to our international trading network and our full product suite.” Eurex currently serves more than 410 members in 25 countries.
Eurex has been active in Singapore since 2005, when it received regulatory approval by the Monetary Authority of Singapore. Since June 2006, Eurex has been operating an Access Point in Singapore for customers from the region. In September 2009, Eurex opened its Representative Office in Singapore, manager of the office is Philip Joslin.

About Mizuho Securities (Singapore) Pte. Ltd

Mizuho Securities (Singapore) Pte Ltd (MHSS) was incorporated in 1985 and is part of the Mizuho Financial Group, one of the 3 mega bank in Japan. In 2002, MHSS was ranked No.5 in customer volume on the SGX. MHSS is now ranked No.4 in SGX Indian Nifty. MHSS provides Hong Kong, Japan, Singapore, Taiwan and other Asian clients with one of the fastest execution services in the industry through direct linkage between its counterparties and major exchanges such as Eurex, SGX and CME Group.