Tradeweb Joins Forces with TSE to Boost Japanese ETF Access
Tradeweb and Tokyo Stock Exchange (TSE) announced a collaboration to enhance institutional investors’ access to liquidity in Japanese ETFs through a new direct connection between their platforms.
Features of the Collaboration
The partnership introduces a direct link, allowing Tradeweb clients to interact seamlessly with TSE’s CONNEQTOR RFQ platform. Tradeweb buy-side clients can now access CONNEQTOR’s list of liquidity providers. Global X Japan executed the first transaction using the newly established connectivity between Tradeweb and TSE’s CONNEQTOR platform.
Clients can submit trade orders directly through the Tradeweb user interface, which connects with CONNEQTOR’s market maker network. The connectivity ensures that orders are relayed to both CONNEQTOR’s market makers and Tradeweb’s existing network of liquidity providers. Clients receive the best two-way quotes from this integrated network. Tradeweb clients benefit from AiEX, a rules-based tool that automates execution processes.
About CONNEQTOR Platform
CONNEQTOR enhances ETF trading in Japan. It aims to improve the speed and cost-efficiency of ETF trading in Japan. Also, it wants to provide faster, more cost-effective ETF trading. More than 250 institutional investors currently use CONNEQTOR. They leverage its ability to request simultaneous quotes from global market makers.
Benefits for Traders
This update will provide these benefits to users:
Access to a Broader Pool of Liquidity Providers
Traders and investors can tap into an expanded network of liquidity providers. It increases opportunities for better trade options.
Enhanced Trade Pricing and Execution
The connection enables competitive two-way quotes. It offers improved pricing transparency and more efficient trade execution.
Simplified Trading Workflow
The integration allows you to submit orders directly from the Tradeweb platform. It streamlines the trading process and minimizes manual steps.
Lower Transaction Costs and Time Efficiency
Automated tools such as AiEX help reduce transaction costs and save time. It makes trading more cost-effective and quicker.
Increased Access for International Investors
The collaboration makes it easier for investors outside Japan to trade Japanese ETFs. It broadens their investment options and market participation.
About Tradeweb
Tradeweb Markets Inc. operates electronic marketplaces for various asset classes, including rates, credit, equities, and money markets. They introduced the first multi-dealer online trading network for U.S. Treasuries in 1998. Over time, they expanded to offer trading in European government bonds, agencies, and other fixed-income products. Tradeweb aims to enhance market efficiency.
Summing Up
The collaboration enhances global and local investors’ access to Japanese ETFs. This initiative is expected to encourage broader participation in the Japanese ETF market.
Register your company now and get featured on our homepage!
