Credit Suisse provides DMA to Sapporo, Nagoya and Fukuoka exchanges
04 December 2007 | 2164 views | 0
Source: Credit Suisse
Credit Suisse announced that it has officially commenced electronic execution service on the Sapporo Securities Exchange, the Nagoya Stock Exchange, and the Fukuoka Stock Exchange this month, becoming the first bank in Japan to offer electronic execution services throughout the country.
Credit Suisse has already provided Direct Market Access (DMA) for the Tokyo Stock Exchange, the Osaka Securities Exchange, and the Jasdaq Securities Exchange and now becomes the first securities company in Japan to offer DMA on the exchanges in Sapporo, Nagoya, and Fukuoka.
Japanese equities traded by foreign institutional investors are increasingly executed through electronic methods such as DMA. Due to its high efficiency, DMA has recently earned rapid support from Japanese institutional investors as well.
Institutional investors are today seeking an expansion of electronic execution services in part to provide their clients with best execution. The launch of DMA for the Sapporo Securities Exchange, the Nagoya Stock Exchange, and the Fukuoka Stock Exchange responds to this demand.