GL Trade announced its deal with Mizuho Securities, which will allow the Japanese investment bank to use its trading network to collect for Japanese cash markets, including Tokyo Stock Exchange and Osaka Securities Exchange.
The pact means Mizuho can collect orders from non-member brokers to trade directly on both markets without being full members.
“Many international brokers are looking for direct access to Japanese markets such as TSU and OSE,” said Jean-Pierre Baron, CEO of GL Trade Asia. “Since Mizuho is one of the strongest research information providers, it should be of great interest for our foreign clients to place orders through them,” he added.