EquiLend, a leading provider of trading, post-trade, market data and clearing services for the securities finance industry, today announces the opening of its office in Tokyo to service its expanding client base in Japan.
EquiLend’s new Tokyo office is located at Marunouchi Kitaguchi Building 10F, 1-6-5 Marunouchi Chiyoda-ku Tokyo 100-0005 (100-0005 東京都千代田区丸の内 1-6-5 丸の内北口ビルディング 10階).
Yuka Hasumi, Vice President of Sales at EquiLend, has relocated from Hong Kong to Tokyo. EquiLend will be adding new positions in Tokyo in the short term.
Brian Lamb, CEO of EquiLend, says: "Japan, which has the biggest securities finance market in the Asia-Pacific region, has long been a key market for EquiLend. Our presence in Tokyo allows us to provide unparalleled service to our custody bank, prime broker and e-broker clients in Japan and to continue growing our client base in the market. We look forward to working more closely than ever with our valued Japanese clients."
According to DataLend, Japan represented more than half of the regional loan balance in 2018 with an average on-loan value of $117 billion across both equities and fixed income. The market accounted for 35% of revenue earned by lenders across the entire region in 2018, with $778 million.
The new office allows EquiLend to extend its on-the-ground support, platform training and local expertise to its clients around the globe.