FIA Japan Broker Questionnaire

As the Japanese market becomes more International, FIA Japan would like to understand what is preventing or missing to attract more firms trading the Japanese market.  As part of this effort, we are  looking to understand the feasibility of non-clearing membership on OSE and other derivative markets in Japan.  The membership scope would include those who would open an office or already have an office in Japan as well as remote access from outside of Japan.  We hope that the survey would highlight any issues preventing brokers from supporting this type of membership.

We would appreciate it if you can complete the survey by March 11, 2022.

 

Thank you very much for your time and consideration.

*  Indicates a required response

1. Do you see any regulatory issues that would make it difficult to take on non-clearing trading members’ business?
2. Do you see any operational issue that would make it difficult to take on non-clearing trading member’s business?
3. Do you see any financial issue that would make it difficult to take on non-clearing trading member’s business?
4. Would there be a difference in how business is handled if the non-clearing trading member was located offshore vs onshore in Japan?
5. Are there any additional tax issues that need to be considered when handling on-shore non-clearing member trades compared to offshore account trades?
6. Would you need to be a “Bank” to handle non-clearing member’s trading business?
7. Would any system changes need to be made to handle non-clearing member’s trading business? If yes, how long would it take to implement such change?

If you would be willing to have us contact you regarding your responses, please add your details below:

Thank you for submitting the survey response