ToSTNeT Market

ToSTNeT (Tokyo Stock Exchange Trading NeTwork System) trading is off-floor trading on Tokyo Stock Exchange.

Since the launch of single-issue trading (known as large-lot trading until September 30, 1999) and basket trading (ToSTNeT-1) on June 29, 1998 and closing price trading (ToSTNeT-2) on August 7, 1999, the ToSTNeT market has been used for off-auction trading to accommodate large-lot and basket trades that are difficult to execute smoothly in the trading session (trading by auction method).

However, as trading has become more sophisticated and diversified in recent years, there has been a growing need for a more flexible use of the market. Therefore, on January 15, 2008, the trading hours were expanded, the ToSTNeT market was made independent from the auction market (auction market), and an off-auction trading platform for a listed company to trade its own shares was introduced as a new trading system. Subsequently, the trading system has been revised to improve convenience by further expanding the trading hours and revising the range of quotations.

Domestic stocks, foreign stocks, ETFs, REITs, and convertible bonds (CBs) listed on the auction market will also be listed on the ToSTNeT market.

Trading details, total trading volume, total trading value, etc. of individual issues are published through the Market Information System and other means.
However, information on ultra-large-lot transactions and trading in off-auction trading of own shares (ToSTNeT-3) is posted on the Market Information page.

ToSTNeT Trading Super-Large Lot Execution Information
Off-Auction Own Share Repurchase Transaction Information