Mitsubishi UFJ Securities International plc joins globalCOAL
LONDON AND SINGAPORE - 10 August 2009
globalCOAL announced today that the London-based Mitsubishi UFJ Securities International plc has become the latest Market Member to join the globalCOAL trading community.
Mitsubishi UFJ Securities International plc (MUSI) is the UK-incorporated European hub of the global securities and investment banking business of Mitsubishi UFJ Securities Co., Ltd. - itself part of the Mitsubishi UFJ Financial Group, one of the biggest financial institutions in the world. The company is based in the City of London with branches in Zurich, Frankfurt and Milan. Mitsubishi UFJ Securities International plc extends its twenty years of commodities trading expertise to the financial coal derivatives market. The products to be offered will range from plain vanilla swaps to bespoke, client-tailored solutions.
"We are delighted to welcome MUSI, a subsidiary of Japan's largest financial group, as part of the globalCOAL Market Membership," said Patrick Markey of globalCOAL in Singapore. "As the Asian market's interest in coal price risk management steps up, forward-looking financial institutions such as MUSI, with a significant Asian footprint, will be ideally positioned to capture flow business."
globalCOAL Market Members now number 93.
About Mitsubishi UFJ Securities International plc
A wholly-owned unit of Mitsubishi UFJ Securities Co., Ltd ("MUS"), Mitsubishi UFJ Securities International plc ("MUSI") is headquartered in London and provides investment banking and brokerage products and services. MUS [www.sc.mufg.jp] is the core securities company of the Mitsubishi UFJ Financial Group and offers a broad range of domestic and foreign securities and investment banking products and services, including brokerage, trading, underwriting, mergers and acquisitions, securitisation and corporate advisory services to individual and corporate customers in Japan and around the world. MUS' global network spans the UK, Germany, Switzerland, Italy, U.S., Singapore, Hong Kong, China and India.
For additional information on MUSI: www.int.sc.mufg.jp
Tetsuro Kono +44 (0)20-7577-2320
Richard House +44 (0)20-7577-2808
Julie Horiuchi +44 (0)20-7577-2806
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