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Japanese E-Broker kabu.com Signs on to DataLend

May 19, 2015 7:00 PM EDT

NEW YORK, May 19, 2015 /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 in Japan, 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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/japanese-e-broker-kabucom-signs-on-to-datalend-300086098.html

SOURCE EquiLend



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