All Entries in the "SBI Japannext" Category
SBI Japannext Member Notice
We are glad to inform you that in the month of February, SBI Japannext has again achieved several historical new records. Both our monthly and daily average turnovers have topped previous records, now 792.5 billion JPY and 37.7 billion JPY respectively. Previous records were 774.7 billion JPY for monthly turnover in August 2011 and 36.67 [...]
SBI Japannext PTS Turnover Reaches 4.5 Percent of TSE
On January 12 the combined market share of PTSs reached a new record of 7.62% of TSE’s total turnover. On the back of strong retail and member participation, SBI Japannext PTS achieved a new record of 4.57% market share surpassing our previous record of 4.01%. See below for SBI Japannext PTS top 10 turnover and [...]
SBI Japannext Update
• An official SBI Japannext English web site will be launched in early February. We will inform everyone as soon as the production launch date is determined. • Our daytime market will close 30 minutes earlier starting January 16th 2012. o Before January 16th daytime market hours: 0820 – 1630 (JST). o Starting January 16th [...]
Japannext Accepting Retail Flow
SBI Securities will use Smart Order Routing (SOR) June 27 to start sending orders to its sister company SBI Japannext in a bid to improve execution prices and to foster best execution in Japan. SBI Securities is Japan’s largest retail broker with more than 2 million accounts and could add as much as 100 Million [...]
Japannext (JNX) Fragmentation Update
SBI Japannext (JNX) would like to announce the following updates: • On 3 June 2011, we recorded a one day surge in our turnover achieving 2.4% TSE market share. • Since the beginning of 2011, our turnover has been on a solid growth path (see chart). Starting from the month of June and going forward, [...]
SBI Japannext Business As Usual After Earthquake
Dear Members, Participants, and Concerned Parties, First, our prayers and hearts go out to the people in the North of Japan devastated by the most severe Earth Quake and Tsunami in Japan’s history. Some experts said that once in 1000 year event just took place in nature. I just heard from local news that M8.8 [...]
SBI Japannext Announces Management Change
Thank you for your continued support of SBI Japannext. We are working diligently to ensure that we stay the number one PTS venue, and striving to steadfastly expand our market share. We wanted to update you on recent organizational changes that will improve our responsiveness and position the company for continued growth going forward. Effective [...]
FSA Approves Short Sell for Japannext
We deeply appreciate your patience. The long awaited SS orders are now reality at Japannext. We are thrilled to inform you that we have received official approval from FSA regarding acceptance of Short Sell (SS) orders based on Japannext uptick rule today (4th November 2010). Schedule we are giving out in this notification is an [...]
Fragmentation in Japan is Born
On August 30 SBI Japannext (JNX), a Proprietary Trading System (PTS) captured 1% of the Tokyo Stock Exchange volume valued at 11bn yen (~USD130 million) sending a strong signal to the exchange and its incumbents that the TSE isn’t the only venue in town. “Its a surreal feeling to achieve a major milestone of capturing [...]
SBI Japannext Sees Substantial Volume Increase in July
SBI Japannext, Japan’s largest Proprietary Trading System (PTS) operator, saw notional value traded increase nearly 75% approaching pre-Arrowhead levels. “It is largely due to reduction in our commission rate from 0.4 bps to 0.2 bps.” cited Chuck Chon, CTO SBI Japannext. Despite average daily turnover on the TSE down in July “our participants started ramping [...]
