A new private exchange funded by a major financial company began trading stocks on the 27th.


It will be possible to buy and sell for a longer time than the TSE, and we are aiming to buy and sell the first digital securities in Japan in the future, and it will be watched whether it will lead to the activation of the securities market.

On the 27th, SBI Holdings, Sumitomo Mitsui Financial Group, Nomura Holdings, and a private exchange funded by Daiwa Securities Group Inc. began trading stocks.



It is the first private exchange in Japan to open in about 12 years, and it will be the third private exchange in Japan.



At this exchange, you can 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, the company aims to start buying and selling digital securities using blockchain technology, which stores transaction records in a distributed manner on the Internet, for the first time in Japan by the end of next year.



"We want to create a big flow from savings to investment by making it an attractive market," said Hitoshi Aki, president of the operating company Osaka Digital Exchange.



The share of private exchanges in the trading value of stocks is only about 9%, but it will be interesting to see if the opening of a new exchange in which major financial companies participate will lead to the revitalization of the securities market.

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