Japan’s Monex selects Markit’s service for corporate actions

Markit Ltd (NASDAQ:MRKT), an international provider of financial information services, has announced the signing of Japanese online trading company Monex Inc., part of Monex Group, Inc. (TYO:8698), to its corporate actions service.

The agreement will permit Monex to provide validated corporate actions data for all of its offered trading stocks.

Monex Group logo“By incorporating Markit’s corporate actions data into our service, Monex becomes the only online securities firm offering such a service in Japan,” said Motoki Kitamura, general manager, operations department at Monex. “Our goal is to provide individual investors with the best services and the addition of this service will provide comprehensive access to high quality corporate actions data for our clients.”

Brian Okupski, managing director and head of corporate actions at Markit, added:

“We are so pleased to be working with Monex, who is recognised in the region as being a sophisticated online broker for individuals looking to invest in US stocks and ETFs. The addition of Markit’s corporate actions service to the Monex offering will provide customers with access to validated corporate actions data from over 160 countries and territories”.

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