{"id":60916,"date":"2024-11-11T09:45:39","date_gmt":"2024-11-11T09:45:39","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=60916"},"modified":"2024-11-11T14:38:29","modified_gmt":"2024-11-11T14:38:29","slug":"tradeweb-and-tokyo-stock-exchange-collaborate-to-expand-liquidity-in-japanese-etfs","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/tradeweb-and-tokyo-stock-exchange-collaborate-to-expand-liquidity-in-japanese-etfs\/","title":{"rendered":"Tradeweb and Tokyo Stock Exchange Collaborate to Expand Liquidity in Japanese ETFs"},"content":{"rendered":"
\n
Tradeweb Markets Inc.<\/strong> and Tokyo Stock Exchange (TSE), one of the largest stock exchanges in the world, today announced their collaboration to offer institutional investors enhanced access to liquidity in Japanese exchange-traded funds (ETFs).<\/h5>\n

Sign up to our free newsletters<\/strong><\/a><\/p>\n

\n
\n

Enrico Bruni, Head of Europe and Asia Business at Tradeweb<\/strong><\/p>\n

\n

The launch of a new direct link between Tradeweb and TSE\u2019s request-for-quote (RFQ) platform, CONNEQTOR, allows Tradeweb buy-side clients to include CONNEQTOR liquidity providers when launching a trade enquiry on the Tradeweb Japan-listed ETF marketplace. Global X Japan executed the first transaction using this new connectivity.<\/p>\n

Enrico Bruni, Head of Europe and Asia Business at Tradeweb<\/strong><\/span>, said: \u201cThis exciting collaboration between Tradeweb and TSE\u2019s CONNEQTOR platform demonstrates our focus on linking liquidity pools for the benefit of institutional investors looking to transfer risk with a higher degree of certainty. We are in the business of enhancing clients\u2019 execution experience, and we look forward to bringing more time and cost efficiencies to investors trading Japanese ETFs, both locally and globally.\u201d<\/p>\n

\"Iwanaga<\/a>Moriyuki Iwanaga, President of Tokyo Stock Exchange<\/strong><\/span>, said: \u201cCONNEQTOR has been developed as a platform to enable investors to trade ETFs “faster and cheaper”. We hope that the new connection with Tradeweb will promote investment in the Japanese market by allowing investors outside Japan, who have had difficulty using CONNEQTOR, to easily access ETFs listed on the Tokyo Stock Exchange from overseas. TSE will continue to strive to provide and develop a highly convenient market environment, where investors can enjoy better prices and smoother execution.\u201d<\/p>\n

With Tradeweb\u2019s direct link to CONNEQTOR, clients can submit orders from the Tradeweb user interface to CONNEQTOR\u2019s list of market makers \u2013 in addition to Tradeweb\u2019s network of liquidity providers \u2013 and receive the best two-way quote back. Clients will continue to benefit from innovative functionality, such as Tradeweb\u2019s rules-based automated execution tool, AiEX, and the post-trade infrastructure of TSE, where transactions with CONNEQTOR market makers will be cleared and settled.<\/p>\n

Jooyoung Yun, CIO of Global X Japan<\/strong><\/span>, said: \u201cWe are very supportive of new initiatives that facilitate greater access to the Japanese ETF market. Tradeweb and CONNEQTOR have responded to the needs of institutional investors in bringing greater connectivity and flexibility, as well as straight-through-processing improvements to Japanese ETF trading.\u201d<\/p>\n

The collaboration with TSE builds on Tradeweb\u2019s award-winning offering that allows buy-side traders to transact Asia, Europe and U.S.-listed ETFs, while benefitting from multi-dealer liquidity, greater pre-trade transparency and competitive pricing. Clients can also leverage Tradeweb\u2019s new generation of automated trading via its AiEX tool, as well as advanced functions such as time release. Tradeweb is a global leader in ETF RFQ execution, revolutionising trading in this asset class since the launch of its first ETF platform in Europe in 2012, in the U.S. in 2016, and in Asia in 2018. Between Q1 and Q3 2024, Tradeweb reported global ETF trading volumes exceeding USD 1 trillion. Over the same period, institutional ETF volumes transacted by Asia clients on Tradeweb\u2019s RFQ marketplace increased by 30% year-over-year.<\/p>\n

Since its launch in February 2021, CONNEQTOR has aimed to improve the speed of ETF trading in Japan, allowing investors to trade at real-time best price quoted, while reducing transaction costs and improving operational efficiency. CONNEQTOR is used by more than 250 institutional investors, and they can trade ETFs by requesting simultaneous quotes from market makers around the world, without having counterparty risks. Its monthly trading value reached a record high of JPY 295.5 billion (USD 1.93 billion), and an average daily trading value of JPY 13.4 billion (USD 87 million), a 97% increase over the previous year in July 2024.<\/p>\n

Source : ETFWorld.co.uk<\/p>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Tradeweb Markets Inc. and Tokyo Stock Exchange (TSE), one of the largest stock exchanges in the world, today announced their collaboration to offer institutional investors enhanced access to liquidity in Japanese exchange-traded funds (ETFs).<\/p>\n","protected":false},"author":4,"featured_media":60917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[12],"tags":[557,203],"class_list":["post-60916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-analysis","tag-tokyo-stock-exchange","tag-tradeweb"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=60916"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60916\/revisions"}],"predecessor-version":[{"id":60919,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/60916\/revisions\/60919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/60917"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=60916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=60916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=60916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}