Market Making Incentive Scheme

Awards for outstanding ETF market makers

The Tokyo Stock Exchange, in an effort to improve liquidity in the ETF market, introduced a market making scheme in the ETF market and has been operating it while making improvements. Since 2021, the Best Market Makers Award has been given to market makers who have contributed to the improvement of market liquidity through continuous quoting, and the role of market makers in the market has been widely communicated. We are pleased to announce that this year's award winners have been selected.

The following companies have been selected as winner of each award in March 2024.

The Best Market Maker

Top four market makers that shown excellent performance in a very large number of ETFs or recorded very large trading value on screen. (in Japanese alphabetical order)

IMC Pacific Pty Ltd

IMC Pacific Pty Ltd

 
Vivienne Court Trading

Vivienne Court Trading

 
Optiver Australia Pty Limited

Optiver Australia Pty Limited

 
Flow Traders Hong Kong Ltd

Flow Traders Hong Kong Ltd

 
 

The Best Market Makers for CONNEQTOR

Top three market makers that shown excellent performance on CONNEQTOR. (in Japanese alphabetical order)

Vivienne Court Trading

Vivienne Court Trading

 
Jane Street Asia Trading Limited

Jane Street Asia Trading Limited

 
Flow Traders Hong Kong Ltd

Flow Traders Hong Kong Ltd

 
 

The Good Market Makers

The four market makers that left stable performance in many ETFs on screen. (in Japanese alphabetical order)

Susquehanna Pacific Pty Ltd

Susquehanna Pacific Pty Ltd

 
Jane Street Asia Trading Limited

Jane Street Asia Trading Limited

 
Nomura Securities Co., Ltd.

Nomura Securities Co., Ltd.

 
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

(note)
  • ・Period covered by performance measurement: February 2022 to January 2023
  • ・Awardees: Market makers who participated in the scheme before January 2022.

Contact

Equities Department, Tokyo Stock Exchange, Inc. 
TEL:+81-3-3666-0141 (Switchboard)
E-mail:kabuso-kaigi@jpx.co.jp