Japan Exchange Group aims to collaborate with more partners across Central and Southeast Asia and to attract foreign issuers to list on its bond platform and planned infrastructure fund market.
Reductions in tick sizes may be prompting high-frequency traders to move to the sidelines to re-assess their strategies, says Yasuaki Sumimoto, head trader at Mitsubishi UFJ Asset Management.
The combined exchange group formed by the merger of TSE and OSE is set to complete integration of their derivatives markets, which may bolster interest from high-speed traders.
JPX is due to begin introducing smaller tick sizes this week, while proprietary trading systems are making technology upgrades. But do retail investors really care?
Exchanges and ETF service providers report early success from new infrastructure to promote secondary-market liquidity in Asia, but agree more needs to be done.
Institutional investors and asset managers are increasingly using algo strategies and DMA technology in a structural shift, notes JP Morgan's Michael Green.
Asia-Pacific exchanges – particularly Hong Kong's – need to do more to boost volumes than simply open earlier and shorten their lunch breaks, stresses agency broker Instinet.