Tokyo Stock Exchange, Inc. (TSE) and Broadridge Trading and Connectivity Solutions Japan K. K today announced the start of providing direct connection between CONNEQTOR, a platform for trading Exchange Traded Funds (ETFs), and Xilix, an execution management system (EMS).
The launch of this direct connection enables asset management companies that are users of Xilix, such as Sumitomo Mitsui DS Asset Management Co., Ltd., to use CONNEQTOR directly from Xilix and provides more advanced and efficient management.
With the launch of this direct connection with Xilix, order data entered into XIlix by traders can be directly to CONNEQTOR, enabling traders to execute trades quickly and reliably with market makers around the world on CONNEQTOR. As a result, ETF trading costs will be reduced and the time required for trading will also be shortened, which is expected to contribute…
Read More
