Market News
May 10, 2023 TSE Decision on Delisting, etc.: JPX-Nikkei 400 Bull 2x Leveraged ETF and 1 Other Issue
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
1.Delisting and Designation as Securities to Be Delisted
(1)Issue Name | JPX-Nikkei 400 Bull 2x Leveraged ETF beneficiary certificates (Code: 1467, Product: ETF) JPX-Nikkei 400 Bear -1x Inverse ETF beneficiary certificates (Code: 1468, Product: ETF) |
(2)Period of Designation as Securities to Be Delisted | From May 10, 2023 (Wed.) to Jun. 10, 2023 (Sat.) |
(3)Delisting Date | Jun. 11, 2023 (Sun.) (Note) In cases where circumstances in which the above beneficiary certificates should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date. |
(4)Provision | Securities Listing Regulations, Rule 1112, Paragraph 1, Item (3), Sub-item b (b) (due to falling under the establishment of an investment trust agreement period in an amendment to the trust deed of an investment trust) |
(5)Reason | The management company pertaining to the beneficiary certificates described in "1. Issue Name" above (hereinafter "the ETFs") has announced today that it will amend the investment trust deeds such that the expiration date for the investment trust agreement becomes Jun. 13, 2023 since the number of beneficiary right units has remained below 100,000 units during the 20 consecutive business days between Apr. 10, 2023 and today, and the ETFs have fallen under a reason for cancellation specified in the investment trust deeds. |
2.Exclusion from Securities in Lieu of Money
Beneficiary certificates of the ETFs will be excluded from securities in lieu of money for the following items from May 11, 2023 (Thu.) inclusive.
- Customer margin for margin transactions and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds
Designation History of Securities Under Supervision & Securities to Be Delisted
DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
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