Citadel Securities opens Tokyo office to launch US fixed-income products

Rick Steves

“Japan has a highly sophisticated, large and dynamic investor base, and we are excited to strengthen our presence in the country as we continue to expand in Asia Pacific and globally.”

Citadel Securities has announced the opening of a new office in Tokyo, where it will offer US fixed-income products to Japanese institutional investors.

Operations in Japan will be led by Shinichiro Kato, Representative Director of the Japan entity, responsible for fixed-income distribution in Japan, and Chungwon Gee, responsible for Asia-hours fixed-income trading, among other sales and trading professionals with deep expertise in the Japanese fixed-income markets.

The liquidity provider plans to tap into Japan’s pool of technical and trading talent as part of its growth strategy in the region.

US Treasuries and USD interest rate swaps in Japan

Paul Hamill, Global Head of Fixed Income Distribution, Citadel Securities, said: “Japan has a highly sophisticated, large and dynamic investor base, and we are excited to strengthen our presence in the country as we continue to expand in Asia Pacific and globally.

“Japanese institutional investors have long played a critical role in the global fixed-income markets, and we look forward to providing them with our differentiated product offerings driven by innovations, technology, consistent and competitive pricing, best-in-class markets insights, and global macro thought leadership.”

The company has registered with Japan’s FSA as a  Type 1 Financial Instruments Business Operator. This allows the firm to offer liquidity in U.S. fixed-income products, including U.S. Treasuries and USD interest rate swaps, in the Japanese market.

Citadel Securities awaits its membership with the Japan Securities Dealers Association to be granted in order to start FSA-compliant operations in Japan.

Citadel Securities expands further in Asia

The liquidity provider’s global footprint now includes 15 offices across the globe, namely in North America, Europe, and Asia Pacific.

The APAC regions accounts for six offices and more than 200 professionals, including Hong Kong, where it has launched its fixed-income offerings in 2020. Citadel Securities has been operating in Asia since 2009.

One of the largest market makers in U.S. Treasuries and USD interest rate swaps globally, Citadel Securities caters to banks, asset managers, pension funds, hedge funds, central banks, and sovereign wealth funds, in more than 55 jurisdictions.

Read this next

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

<