Market News

Mar. 29, 2019 TSE Start of ETF Market Making Incentive Scheme Version 2.0


As scheduled, Tokyo Stock Exchange (TSE) will start its ETF Market Making Incentive Scheme to Version 2.0 from April 1, 2019 with the aim of further improving the liquidity of the ETF market.

One of the goals of this scheme is to develop Star ETFs, which represent each asset class. To that end, TSE will set limited-time incentives and obligations for 13 ETFs asset managers applied for, and ask market makers to display continuous quotes of JPY 100 million to 1 billion.

Liquidity for the newly eligible ETFs is expected to further improve thanks to supplying of additional orders in a limited time, making it possible to trade instantly at a low cost even for relatively large transactions.
TSE remains committed to promoting the growth of a convenient market for investors.

List of ETFs Eligible for Additional Obligations and Incentives
Update of ETF Market Making Incentive Scheme (February 28, 2019, Market News)
Selection of ETFs Eligible for ETF Market Making Incentive Scheme Version 2.0 (March 18, 2019, Market News)


Tokyo Stock Exchange, Inc. Equities Department
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