Daiwa Capital Markets Deutschland GmbH, Frankfurt am Main (“DCMD”) was established in 2017 and was granted a licence by Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) on the 30th of August 2018 to operate as a “Securities Trading Bank” (Wertpapierhandelsbank).

A Securities Trading Bank is defined in sec. 1 para. 3d sentence 4 of the German Banking Act (Kreditwesengesetz, KWG).

DCMD will run a “Broker-Dealer Business” and offer Japanese and Asian financial products to European institutional clients and European products to Japanese institutional investors, reflecting the links with, and synergies available across, the Daiwa Group.

DCMD will have about 20 experienced people employed in Frankfurt. The Sales team comprises staff from London and Geneva, who has relocated to work in Frankfurt.