Tokyo Stock Exchange, Inc. (TSE) announced today that TSE will directly connect to Bloomberg EMSX, a multi-asset execution management solution, and CONNEQTOR, an electronic trading platform for ETFs provided by the TSE.
This will allow global investors who are also Bloomberg Terminals subscribers to easily access the Japanese market and trade ETFs listed on the TSE faster and at reduced cost.
Although CONNEQTOR has been used by more than 250 institutional investors to date, the majority of its users have been limited to Japanese investors, as institutional investors outside of Japan have traditionally been faced with various problems, such as having to ultimately connect back to their own trading systems, when seeking to make investments in Japan.
With the recent launch of the connection between EMSX and CONNEQTOR, investors using Bloomberg solutions, including those located outside of Japan, will be able to designate CONNEQTOR as one of their quotation request destinations by submitting a simple application. This will enable Bloomberg subscribers to obtain more quotes more quickly and to access the TSE-listed ETFs more effectively.
Additionally, it is expected that the development of these channels will lead to more active investments in ETFs listed on the TSE and in the Japanese market.
Moriyuki Iwanaga, President, Tokyo Stock Exchange, Inc, commented:
“The new connection between Bloomberg and CONNEQTOR, which has a worldwide network, will allow foreign investors, who have experienced difficulties when seeking to use CONNEQTOR to access ETFs listed on the Tokyo Stock Exchange in the past, to now do so quickly and easily. We are very much looking forward to seeing further investment in Japanese market-listed ETFs through this new connection with Bloomberg EMSX”.
Norman Tweeboom, Japan Regional Head, Bloomberg, added:
“We are thrilled to be working with the Tokyo Stock Exchange to provide better access to the Japanese ETF market by connecting EMSX and CONNEQTOR at a time when global interest in the Japanese equity market is increasing amid rising interest rates and an end to deflation. Bloomberg’s is focused on providing transparency and greater market access through data and innovative technology. We look forward to continuing to support our customers through projects like this one, and to helping add value to the Japanese market”.
