The Tokyo Stock Exchange, Inc. (TSE) announces that the monthly trading value through CONNEQTOR exceeded 250 billion yen in November 2023, reaching a new record high.
CONNEQTOR develops new features and improves existing ones in order to provide investors with an environment that allows them to trade ETFs “faster” and “better prices”. Since the end of November, more than 210 institutional investors, mainly domestic financial institutions, are using CONNEQTOR, and the number of new investors, such as asset management companies and insurance companies, is increasing.
As the number of users increases, the transaction value has also continued to increase and has recently grown into a platform with an average daily transaction volume of over 10 billion yen.
In order to facilitate the execution of ETFs linked to major Japanese stock indices (TOPIX, Nikkei 225, JPX-Nikkei 400), a new feature was launched on November 27, which allows easy comparison with the corresponding futures prices. For eligible ETFs, the difference between the price quoted by specialist dealers and the futures price can be displayed in real time.
In addition, by setting the broker’s commission rate in advance, the price including commission and the futures price can be displayed in real time and easily compared with the price quoted when making a quote to the broker.
CONNEQTOR aims to make ETFs “faster” and “better priced” to trade by providing solutions to requests and issues raised by investors.