Japan's two leading alternative trading systems are in talks to expand their services to Korea, where the regulator is moving to open up the market to competition.
Tag : sbi japannext
While many welcome the planned reduction in tick sizes by the Tokyo Stock Exchange, SBI Japannext warns such a move could lead to a "tick-size war".
Positive investor sentiment over new Japanese prime minister Shinzo Abe's plans to spur growth have driven equity volumes to record levels on some trading venues.
A proposed exemption on users of proprietary trading systems (PTS) from a mandatory takeover rule is expected to drive market fragmentation.