Private exchange invested by a major financial company It will be opened on the 27th of this month.

Private exchanges funded by major financial companies such as SBI Holdings and Sumitomo Mitsui Financial Group will open later this month.

It is characterized by being able to buy and sell stocks for a longer time than the TSE, and it will be interesting to see how widespread its use will be.

According to the people concerned, SBI Holdings, Sumitomo Mitsui Financial Group, Nomura Holdings, and Daiwa Securities Group Inc.'s private exchange operating company "Osaka Digital Exchange" will open on the 27th of this month to buy and sell stocks. Decided to start trading.

This exchange will buy and sell stocks and ETFs = exchange-traded funds for a longer time than TSE, etc., from 8:20 am to 4:00 pm on weekdays.

In addition, we aim to start buying and selling digital securities for the first time in Japan using blockchain technology, which stores transaction records in a distributed manner on the Internet by the end of next year.

Transactions such as stocks were once stipulated to be conducted on the Tokyo Stock Exchange, etc., but regulations have been relaxed and there are now two private exchanges.

However, the share of the trading value of stocks is only about 9% because there are few securities companies that can trade.

Market officials have called for the development of alternative markets because the trading of TSE has been suspended all day due to a system trouble, and how far it can be used with the opening of a new private exchange in which major financial companies participate. It will be noticed if it spreads.