Oct 12, 2017
Tokyo welcomes TD Securities' return
Over 200 guests joined dignitaries and TD executives to celebrate the grand opening of TD Securities' Tokyo office, marking the dealer's return to the market after a seven year hiatus.
Bob Dorrance, TD Securities CEO was joined by Canadian Ambassador to Japan, Ian Burney, as well as a number of TD Securities executives from around the globe, highlighting the importance of the event and the Japanese market to the dealer.
"Interest rates in Japan are low, so people are looking for investments with higher yield and that provide currency diversification," Bob Dorrance, CEO of TD Securities said at the reception, explaining the reasons for coming back to Japan. "Having a local presence with an experienced team will allow us to build and grow long-term relationships to provide a superior level of service to our clients."
Clients new and long-established were present to celebrate alongside TD representatives. The formal part of the evening included a ribbon-cutting and a traditional sake ceremony. Just as important, however, was the opportunity for conversation and relationship-building.
For now, TD Securities in Japan will focus on fixed income sales. Previously, clients were being serviced from Singapore but with an experienced team on the ground in Tokyo, TD will be able to better meet clients' needs.
TD Securities' Tokyo team stands alongside colleagues from Singapore and TD Securities executives
Guests mingle at the TD Securities Tokyo grand opening reception