SBI Japannext: PTS innovation
Published by Make Do on May 24, 2016
Simplified access to profitable trading in Japan on a thriving PTS venue
SBI Japannext, part of SBI Holdings, was the first proprietary trading system (PTS) exchange established in Japan. It differentiates itself in three key ways:
- It offers a more competitive tick size for stocks in Japan, offering buy-side firms better pricing for stocks they trade
- It operates a unique nighttime market, enabling trading after the Tokyo Stock Exchange (TSE) closes
- It’s the only PTS venue in Japan which provides access to the retail flow of SBI Securities — the country’s largest online retail broker with 40% market share
Via Colt PrizmNet, capital markets participants throughout the global ecosystem can receive SBI Japannext market data (both raw and normalised) and trade on its PTS venue. As well as being able to trade on both daytime and nighttime markets, firms will find regulations are less stringent than in Europe and the US.
Understanding that overseas firms may be unfamiliar with the Japanese market landscape, SBI Japannext helps facilitate their access to the revenue opportunities available by lowering barriers to entry and helping firms get established.
Using Colt PrizmNet, registered brokers can quickly connect to SBI Japannext, avoiding the costs and delays associated with installing long-haul circuits and so shortening the go-live to trading. Other firms can access the venue via registered brokers — SBI Japannext can introduce you to leading brokers who offer appropriate solutions, with Colt’s financial extranet providing the connectivity you need.
“Japan has the largest market cap in Asia, and SBI Japannext helps to make it even more profitable with better pricing for stocks and a unique night-time market. Our partnership with Colt PrizmNet speeds and simplifies connectivity for overseas participants, and lowers their cost of entry into the Japanese marketplace.” — Marc Robinson, Chief Relationship Officer, SBI Japannext
Recent articles
What's your goal today?
1. Connect to the Colt network
Our network directly connects 32,000+ buildings, with millions more through our extensive worldwide partners, powering global businesses with high bandwidth requirements. Find out if you're Colt connected now.
2. Learn more about digital infrastructure
We've worked with experts to build hundreds of guides, whitepapers and blogs across a range of technology & infrastructure topics, as well as videos, webinars & lightning talks. Find out more about them below.
3. Explore our customer success stories
We work with global businesses to deliver world-class connectivity solutions, with a range of available professional & managed services to help you get exactly the right fit for your business. Read more about some of our customers' success stories.
