Deutsche Securities Inc. Begins Offering Quotations On TOPIX Options

Tokyo Stock Exchange, Inc. (TSE) is pleased to announce that Deutsche Securities Inc. has begun to provide bid and ask quotations for TOPIX options.

Deutsche Securities Inc., in principle, will constantly offer bid and ask quotations from ATM to OTM for various TOPIX option contract months (please note, however, that provision of quotations may be canceled due to drastic price fluctuations).

Deutsche Securities Inc. is a member of the Deutsche bank group established in 1870. The Deutsche bank group, which has approximately 1,800 offices in 75 countries, is a leading global provider of financial solutions. Deutsche Securities Inc. has made significant contributions to the improvement of the Japanese derivatives market, and has pledged to provide investors with highly transparent trade opportunities through more active participation in the listed derivatives market in the future.

The TSE expects Deutsche Securities' active efforts to greatly contribute to liquidity in the TOPIX options market, creating more efficient asset management and hedge opportunities for Japanese and foreign institutional investors, as well as all other investors who invest in Japanese stocks using TOPIX as a benchmark.