The new representative office will serve as a local hub for the Groupâs business segments Eurex, the leading derivatives exchange, and Deutsche BÃ¶rse Market Data & Analytics (MD&A), a leading provider of capital market information and indices. It marks an important step to strengthen and expand Eurexâs and MD&Aâs relationships to its business partners in Japan. Nagayoshi Miyata, who joined Eurex in 2007, is the chief representative of the Deutsche BÃ¶rse Groupâs office.
Michael Peters, responsible for the Asia business expansion of Deutsche BÃ¶rse and member of the Eurex Executive Board, said: âThe new presence in Japan will significantly improve our local customer service and foster our direct relations with Japanese market participants. It is also a sign of our strong commitment to the most important financial center in Asia, in which close relationships with key institutions have already been established.â
The new office in Japan â as a part of Deutsche BÃ¶rse Groupâs international offices â complements the recently opened representative office of Deutsche
BÃ¶rse in Beijing, which started its operation in December 2008, and the Eurex office in Hong Kong, which was opened in February 2009. It will also leverage the existing business relations of Deutsche BÃ¶rseâs subsidiary Clearstream, which has been present in Japan since 2007.