Phillip Securities Japan Launches Institutional Execution Service

 

Tokyo – Phillip Securities Japan, Ltd (Phillip Securities Japan) today announced the launch of its Institutional Execution Service. The service provides electronic execution trading into Japan exchanges and PTS-s. The model is offering a unique channel of execution (electronic only) to ensure efficiency, transparency, and confidential trading. The IT infrastructure for institutional trading was redesigned in partnership with TORA, a leading provider of advanced trading technology. TORA’s turnkey solution included exchange connectivity, compliance and reporting.

 

Hiroyuki Nakayama of Phillip Securities Japan, the head of Corporate Sales department said: “Institutional clients are looking for liquidity, good trading performance, less contacts for execution, confidentiality and smooth operation. With the advances in electronic trading, existing trends for Electronic, Program and High Touch merging into one execution channel we decided to skip few steps in the agency trading desk evolution and provide a service that eventually will be the reference way of trading in the future: that is electronic only.”

 

Phillip Securities Japan hired Mihai Bistriteanu to run its electronic trading business and Jun Motoo for Institutional Trading operations.

 

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About Us: The predecessor of Phillip Securities Japan, Ltd. was originally founded in 1887. We started broking service for Japanese equity in 1920 and became Tokyo Stock Exchange Member in 1949. The Company has joined PhillipCapital group in 2002, and merged with Phillip Financials in 2011. Phillip Securities Japan, Ltd added memberships to OSE Derivatives and Tocom and created Cyber Quote Japan, Ltd for professional IT services. Phillip Securities Japan has grown the securities business providing a broad range of high-quality services to individual, institutional and international investors most recently adding electronic trading offering. Phillip Capital Group, has a presence in 16 countries and expanding with focus mainly on Asia.