Market News
Nov. 02, 2023 TSE Handling of Foreign ETFs due to the Consolidation of Investment Units (Change of trading unit, tick size, temporary trading halt, etc.): WisdomTree Natural Gas (code: 1689)
In connection with the consolidation of investment units of 3 ETFs including WisdomTree Natural Gas (code: 1689) with a record date of December 1, Tokyo Stock Exchange (TSE) will change the trading unit and the tick size as follows. In addition, TSE will temporarily halt trading in accordance with the suspension of book-entry transfer of such investment units at Japan Securities Depository Center, Incorporated (JASDEC).
Change of Trading Unit and Tick Size
Due to the consolidation of investment units with a record date of December 1 (Friday), the trading unit and the tick size will be changed as shown in the table below, effective from trading on December 6 (Wednesday).
| Code | Issue Name | Trading Unit after the change (Ref. before the change) |
Tick Size after the change (Ref. before the change) (*) |
| 1689 | WisdomTree Natural Gas | 1 unit （Before: 100 units） |
Non-TOPIX 500 （Before: TOPIX 500） |
| 1695 | WisdomTree Wheat | 1 unit （Before: 100 units） |
Non-TOPIX 500 （Before: TOPIX 500） |
| 1696 | WisdomTree Corn | 1 unit （Before: 100 units） |
Non-TOPIX 500 （Before: TOPIX 500） |
- The tick size applied to TOPIX 500 constituents is called the "TOPIX 500", and the tick size applied to non-TOPIX 500 constituent stocks is called the "Non-TOPIX 500"
Temporary Trading Halt and Resumption of Trading
Temporary Trading Halt and Resumption of Trading on the Auction Market and ToSTNeT Market
The trading will be temporarily halted on the auction market and ToSTNeT market as follows.
| Period | From November 30 (Thursday) to December 5 (Tuesday) |
| Resumption date | December 6 (Wednesday) |
| Reason | It is deemed it is not appropriate to continue trading from the viewpoint of trading supervision |
- ･Trading will be halted all day during the above period.
- ･During the trading halt period, information on each issue will be distributed through arrowhead and the market information system.
- ･Information on each issue for the period from November 30 to December 5 will be distributed with the price adjusted by the consolidation of investment units as the base price. In addition, information regarding changes in the trading unit and the tick size will be changed and distributed from the information for December 6.
- ･The base price for December 6 will be set by converting the last price on December 4 in the home market into yen, and will be distributed as usual on the evening of December 5. In addition, the base price to be set will be notified by 4:00 p.m. on December 5 (Tue.).
- ･If the base price for December 6 greatly differs from the price converted into yen from the most recent price on the major foreign financial exchanges before the opening of auction trading such day, the base price shall be changed according to the normal practices.
Restriction on Transactions Designating a Specific Settlement Date in the ToSTNeT market
In the ToSTNeT market, it is possible to trade on the 2nd day (excluding holidays, the same applies below) from the date of conclusion of a trading contract or the 4th day to the 10th day from the date of conclusion of a trading contract. However, due to the restriction on book-entry transfer at the JASDEC as a result of the recent consolidation of investment units, it will not be possible to conduct transactions on certain specified settlement dates. Therefore, the system will be controlled to disable trading on certain settlement dates starting on November 20 (Monday). Please refer to the annex for the settlement dates and schedules subject to the control.
| Annex |  |
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Enquiry
Tokyo Stock Exchange, Inc. Equities Department
TEL:Tel: +81-3-3666-0141