Search

(Referential Translation) Message from Group CEO Kiyota Upon Publication of Final Report by the Expert Study Group on Capital Markets in Japan of the Financial System Council “Expert Study Group on Capital Markets in Japan”of the Financial System Council has published their final report, upon conclusion of their discussion. As you know, we have been studying the various issues regarding TSE cash equity market structure since last year. The purpose of this review is to consider the ideal market structure in the future, that further incentivizes listed companies to proactively improve their overall value as corporation, in addition to further attracting diverse global and domestic investors by providing vibrant capital market that contributes to the long-term asset building With the conclusion of the Expert Study Group’s discussion, we will promptly start drafting a concrete and detailed design of the new market based on the proposals made ...

May 1, 2024 Tokyo Stock Exchange, Inc. Monthly Trading Value via CONNEQTOR Surpasses 290 billion yen Tokyo Stock Exchange, Inc. ("TSE") launched CONNEQTOR service, a RFQ (Request For Quote) platform, in February 2021 with the aim of improving liquidity in the ETF market. Today, we are pleased to announce that the monthly trading value via CONNEQTOR reached a record high of 290.8 billion yen (average daily trading value of 13.8 billion yen) in April 2024. CONNEQTOR has been developing new functions and improving existing ones in order to provide investors with an environment that allows them to trade ETFs "faster" and "better priced". As of the end of April, more than 230 institutional investors are using CONNEQTOR, and the number of companies using the service for the month of April reached a record high of 128. In addition to regional financial institutions, which have been the main users ...

October 31, 2024 Tokyo Stock Exchange, Inc. CONNEQTOR started providing direct connection with“Virtu’s Triton Valor execution management system” Tokyo Stock Exchange, Inc. (“TSE”) and Virtu Financial, Inc. (“Virtu”) are pleased to announce the start of connecting Triton Valor EMS (“Triton”), execution management system (“EMS”) provided by Virtu, and CONNEQTOR, TSE's electronic platform for trading exchange-traded funds (“ETFs”), and have begun providing direct connection functions from September of this year. This allows order data entered by Triton users, such as asset managers and other institutional investors, to be linked directly to CONNEQTOR. Triton users will be able to use CONNEQTOR at no additional cost, allowing traders to trade in the same environment as before while enabling them to execute trades quickly and reliably with market makers around the world. As a result, CONNEQTOR is expected to contribute to the advancement of asset management operations and further increase ...

February 25, 2025 Tokyo Stock Exchange, Inc. Launch of using CONNEQTOR in“Tokai Tokyo Discretionary Investment Management Service”provided by Tokai Tokyo Securities Co., Ltd. Tokyo Stock Exchange, Inc. (“TSE”) is pleased to announce that Tokai Tokyo Securities Co., Ltd. (“Tokai Tokyo Securities”) will start using the RFQ (Request For Quote) platform CONNEQTOR, a service provided by TSE to improve the liquidity of the ETF market, for its“Tokai Tokyo Discretionary Investment Management Service”(“Discretionary Investment Management Service”), which Tokai Tokyo Securities started offering in January 2024. Originally, CONNEQTOR is used directly by institutional investors and provided a mechanism for brokers to use it on behalf of investors, and these are designed to meet the needs of institutional investors who execute large-lot and other difficult transactions. On the other hand, some individual investors have the same needs for large-lot executions as institutional investors, and more sophisticated execution services ...

May 1, 2025 Tokyo Stock Exchange, Inc. ETF Monthly Trading Value via "CONNEQTOR" Reach Record 300 billion JPY Tokyo Stock Exchange, Inc. ("TSE") launched CONNEQTOR service, a RFQ (Request for Quote) platform, in February 2021 with the aim of improving liquidity in the ETF market. Today, we are pleased to announce that the monthly trading value via CONNEQTOR reached a record high of 306.4 billion JPY (average daily trading value of 14.5 billion JPY) in April 2025. CONNEQTOR has been developing/improving its functions continuously to provide investors with an environment that allows them to trade ETFs "faster" and "better priced." Moreover, in recent years, CONNEQTOR has been connected to EMS, which traders use to execute securities transactions, thereby promoting the expansion of access routes to domestic and international institutional investors (Reference 1). As of the end of April 2025, more than 290 institutional investors are using CONNEQTOR....

July 3, 2025 Tokyo Stock Exchange, Inc. TSE to Provide Mitsubishi UFJ Trust and Banking Corporation with Direct Connectivity between CONNEQTOR and“SmartBridge Advance” Tokyo Stock Exchange, Inc. (“TSE”) began providing SmartBridge Advance (“SBA”) and CONNEQTOR direct connectivity to Mitsubishi UFJ Trust and Banking Corporation (“Mitsubishi UFJ Trust and Banking”) on May 26, 2025. CONNEQTOR, the RFQ (Request for Quote) platform provided by the TSE to improve liquidity in the ETF market, and SBA, a securities order management system for asset management companies provided by Nomura Research Institute, Ltd. (“NRI”), have been providing the direct connection function since June 12, 2023. TSE has now started providing this direct connection function to Mitsubishi UFJ Trust and Banking Corporation as the first user in trust banks. With this implementation, order data entered into SBA by Mitsubishi UFJ Trust and Banking traders will be directly linked to CONNEQTOR, enabling traders to execute trades ...

Adjustment and Change on SecuritiesOptions The following changes are scheduled for shares of Japan Retail Fund Investment Corporation (Code: 8953) A split of investment security unit: one share shall be split into two shares Effective day: March1, 2021 In accordance with this, OSE shall adjust the following items as listed below relating to securities options based upon the above security on the ex-rights date of ThursdayFebruary25, 2021. 1 Strike prices The strike prices as of February25, 2021 shall be the divided strike prices of February24, 2021 by two (rounded off to the nearest yen.) 2 Open interest The open interest as of February25, 2021 shall be the multiplied open interest of February24, 2021by two. 3 Number of securities underlying one trading unit of the securities option No change 4 Position limits Changes from 26,100units to 52,000units 5 Large position reporting threshold for securities options Changes from ...

Adjustment and Change on Securities Options The following changes are scheduled for shares of TOYOTA MOTOR CORPORATION (Code: 7203) ⚫A split of common stock: one share shall be split into five shares Effective day: October 1, 2021 In accordance with this, OSE shall adjust the following items as listed below relating to securities options based upon the above security on the ex-rights date of Wednesday September 29, 2021. 1 Strike prices The strike prices as of September 29, 2021 shall be the divided strike prices of September 28, 2021 by five (rounded off to the nearest yen.) 2 Open interest The open interest as of September 29, 2021 shall be the multiplied open interest of September 28, 2021 by five. 3 Number of securities underlying one trading unit of the securities option No change 4 Position limits Changes from 326,200 units to 1,631,400 units 5 Large ...

Adjustment and Change on Securities Options The following changes are scheduled for shares of TDK Corporation (Code: 6762) ⚫A split of common stock: one share shall be split into three shares Effective day: October 1, 2021 In accordance with this, OSE shall adjust the following items as listed below relating to securities options based upon the above security on the ex-rights date of Wednesday September 29, 2021. 1 Strike prices The strike prices as of September 29, 2021 shall be the divided strike prices of September 28, 2021 by three (rounded off to the nearest yen.) 2 Open interest The open interest as of September 29, 2021 shall be the multiplied open interest of September 28, 2021 by three. 3 Number of securities underlying one trading unit of the securities option No change 4 Position limits Changes from 12,900 units to 38,800 units 5 Large position reporting ...

Adjustment and Change on Securities Options The following changes are scheduled for shares of Sojitz Corporation (Code: 2768) ⚫A reverse stock split of common stock: five shares shall be consolidated into one share Effective day: October 1, 2021 In accordance with this, OSE shall adjust the following items as listed below relating to securities options based upon the above security on the ex-rights date of Wednesday September 29, 2021. 1. Change in existing strike prices and adjustment of delivery unit 1 Adjustment of strike prices The strike prices as of September 29, 2021 shall be the multiplied strike prices of September 28, 2021 by five. 2 Open interest No Change 3 Number of securities for one delivery unit of the securities option Changes from 100 shares to 20 shares 4 Position limits Changes from 125,100 units to 25,000 units 5 Large position reporting threshold for securities options...